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Uptrend Call Working As Arris Group Stock Rises 24.6% (ARRS)
Mar 22, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Arris Group (NASDAQ:ARRS) on October 26th, 2012 at $13.80. In approximately 5 months, Arris Group has returned 24.61% as of today's recent price of $17.19.
In the past 52 weeks, Arris Group share prices have been bracketed by a low of $10.74 and a high of $17.98 and are now at $17.19, 60% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.0%.
Arris Group Inc. is a global communications technology company specializing in the design and engineering of broadband local access networks. The Company develops, manufactures, and supplies optical transmission, cable telephony and Internet access, outside plant construction, and maintenance equipment for cable system operators.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Arris Group shares.Log in and add Arris Group (ARRS) 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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