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TMCNet: Standard Microsystems Has Returned 40.8% Since SmarTrend Recommendation (SMSC)

[June 15, 2012]

Standard Microsystems Has Returned 40.8% Since SmarTrend Recommendation (SMSC)

Jun 15, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Standard Microsystems (NASDAQ:SMSC) on March 30th, 2012 at $26.08. In approximately 3 months, Standard Microsystems has returned 40.84% as of today's recent price of $36.73.
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Over the past year, Standard Microsystems has traded in a range of $17.98 to $36.88 and is now at $36.73, 104% above that low. Over the past week, the 200-day moving average (MA) has gone up 1.3% while the 50-day MA has advanced 2.8%.

Standard Microsystems Corporation manufactures semiconductors. The Company produces controllers for embedded networking, ethernet controllers and transceivers, flash media card readers and drives, hub controllers, physical layers transceivers, controls for temperature, voltage, and fan speed, and components for automotive infotainment systems.

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