TMCNet:  Uptrend Call Working As ARM Holdings Stock Rises 49.5% (ARMH)

[February 26, 2013]

Uptrend Call Working As ARM Holdings Stock Rises 49.5% (ARMH)

Feb 26, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for ARM Holdings (NASDAQ:ARMH) on September 14th, 2012 at $28.50. In approximately 6 months, ARM Holdings has returned 49.47% as of today's recent price of $42.60.


Over the past year, ARM Holdings has traded in a range of $21.64 to $44.19 and is now at $42.60, 97% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.9% while the 50-day MA has advanced 0.8%.

ARM Holdings plc develops processors, data engines, peripherals, software, and tools. The Group's solutions are used in a variety of applications, including in the automotive, consumer entertainment, digital imaging, mass storage, networking, security, and wireless industries.

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