TMCNet:  Atmel Shares Up 11.7% Since SmarTrend's Buy Recommendation (ATML)

[December 12, 2012]

Atmel Shares Up 11.7% Since SmarTrend's Buy Recommendation (ATML)

Dec 12, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Atmel (NASDAQ:ATML) on November 27th, 2012 at $5.12. In approximately 2 weeks, Atmel has returned 11.72% as of today's recent price of $5.72.

In the past 52 weeks, shares of Atmel have traded between a low of $4.37 and a high of $10.74 and are now at $5.72, which is 31% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 1% while the 50-day MA has declined 1.1%.


Atmel Corporation designs, develops, manufactures, and markets various non-volatile memory and logic integrated circuits using its proprietary technology. The Company's devices are used in products for telecommunications, computers, networking, image processing, industrial and military applications, and avionics.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Atmel shares.Log in and add Atmel (ATML) 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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