TMCNet:  Diodes Down 21.9% Since SmarTrend Downtrend Call (DIOD)

[November 13, 2012]

Diodes Down 21.9% Since SmarTrend Downtrend Call (DIOD)

Nov 13, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Diodes (NASDAQ:DIOD) on September 25th, 2012 at $17.68. In approximately 2 months, Diodes has returned 21.87% as of today's recent price of $13.81.


Over the past year, Diodes has traded in a range of $13.23 to $34.67 and is now at $13.82, 4% above that low. The 200-day and 50-day moving averages have moved 0.56% lower and 1.3% lower over the past week, respectively.

Diodes Incorporated manufactures, sells, and distributes discrete semiconductor devices to manufacturers in the automotive, computer, and telecommunications industries. The Company's products include small signal transistors, transient voltage suppressors, zeners, Schottkys, diodes, rectifiers, and bridges.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Diodes.

Log in and add Diodes (DIOD) 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

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