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Shares of IRF Up 15.8% Since Uptrend Call on Shares
Jan 18, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for International Rectifier (NYSE:IRF) on November 28th, 2012 at $16.46. In approximately 2 months, International Rectifier has returned 15.83% as of today's recent price of $19.06.
In the past 52 weeks, shares of International Rectifier have traded between a low of $14.32 and a high of $24.96 and are now at $19.06, which is 33% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.5% while the 200-day MA has slid 0.5%.
International Rectifier Corporation designs, manufactures, and markets power semiconductors, including a metal oxide semiconductor field effect transistor called a MOSFET. The Company's products include power integrated circuits and advanced circuit devices, power systems, and power components. International Rectifier's products are sold worldwide.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of International Rectifier shares.Log in and add International Rectifier (IRF) 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
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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
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