TMCNet:  Uptrend Call Working As Harmonic Stock Rises 24.7% (HLIT)

[February 21, 2013]

Uptrend Call Working As Harmonic Stock Rises 24.7% (HLIT)

Feb 21, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Harmonic (NASDAQ:HLIT) on November 29th, 2012 at $4.61. In approximately 3 months, Harmonic has returned 24.73% as of today's recent price of $5.75.


In the past 52 weeks, shares of Harmonic have traded between a low of $3.76 and a high of $10.05 and are now at $5.75, which is 53% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.8%.

Harmonic Inc. designs, manufactures, and markets digital and fiber optic systems. The Company's systems enable cable, satellite, and wireless operators to deliver video, Internet, telephony, and high-speed data services. Harmonic's TRANsend digital product line combines and customizes content from a variety of sources.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Harmonic shares.Log in and add Harmonic (HLIT) 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 Cloud Computing 's Homepage ]