TMCNet:  STMicroelectronics Shares Up 8.9% Since SmarTrend's Buy Recommendation (STM)

[December 17, 2012]

STMicroelectronics Shares Up 8.9% Since SmarTrend's Buy Recommendation (STM)

Dec 17, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for STMicroelectronics (NYSE:STM) on November 30th, 2012 at $6.33. In approximately 2 weeks, STMicroelectronics has returned 8.93% as of today's recent price of $6.89.


In the past 52 weeks, shares of STMicroelectronics have traded between a low of $4.51 and a high of $8.60 and are now at $6.94, which is 54% above that low price. The 200-day and 50-day moving averages have moved 0.23% lower and 2.08% higher over the past week, respectively.

STMicroelectronics N.V. designs, develops, manufactures, and markets semiconductor integrated circuits and discrete devices. The Company's products are used in the telecommunications, consumer electronics, automotive, computer, and industrial sectors. Geographically, customers are located in North America, Europe, and the Asia/Pacific region.

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