Gadgets

Tessera Technologies Has Returned 10.8% Since SmarTrend Recommendation (TSRA)

TMCNet:  Tessera Technologies Has Returned 10.8% Since SmarTrend Recommendation (TSRA)

[January 01, 2013]

Tessera Technologies Has Returned 10.8% Since SmarTrend Recommendation (TSRA)

Jan 01, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Tessera Technologies (NASDAQ:TSRA) on November 5th, 2012 at $14.85. In approximately 2 months, Tessera Technologies has returned 10.81% as of today's recent price of $16.45.

In the past 52 weeks, shares of Tessera Technologies have traded between a low of $12.77 and a high of $20.52 and are now at $16.45, which is 29% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.4%.

Tessera Technologies Inc. provides proprietary chip scale packaging technology. The Company's technology accelerates demand for performance and miniaturization in wireless communications, Internet access, and computing and consumer electronics.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Tessera Technologies shares.Log in and add Tessera Technologies (TSRA) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

[ Back To gadgets.tmcnet.com's Homepage ]

Free Gadgets Newsletter