Micrel (MCRL) Bullish Technical Alert - Trend Up 9.2%
Oct 12, 2009 (SmarTrend(R) Spotlight via COMTEX) --
Company: Micrel, Inc. (MCRL)
Micrel (NASDAQ:MCRL) is trading 2.1% higher (up $0.17 to $8.18) today on volume of 81,779 shares. The stock is trading near its 52-week high of $8.46. We are watching for a close above that level.
Micrel is currently above its 50-day moving average of $7.91 and above its 200-day moving average of $7.45.
SmarTrend is bullish on shares of MCRL and our subscribers received an Uptrend alert on March 27, 2009 at $7.49, which has returned 9.2% to date.
Write to Chip Brian at cbrian@tradethetrend.com
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News Provided by COMTEX
Company: Micrel, Inc. (MCRL)
Related terms: market, nasdaq, securities
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