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Zoran (ZRAN) Bullish Technical Alert - Trend Up 32.5%

Zoran (NASDAQ:ZRAN) is trading 1.5% higher (up $0.17 to $11.65) today on volume of 75,564 shares. The stock is trading near its 52-week high of $12.13. We are watching for a close above that level.

Zoran is currently above its 50-day moving average of $11.14 and above its 200-day moving average of $8.74.

SmarTrend is bullish on shares of ZRAN and our subscribers received an Uptrend alert on March 19, 2009 at $8.79, which has returned 32.5% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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