Synchronoss Technologies Upward Momentum Looks to Continue (SNCR)
SmarTrend identified an Uptrend for Synchronoss Technologies (NASDAQ: SNCR) on March 01, 2010 at $17.93. In approximately 1 week, Synchronoss Technologies has returned 12.3% as of today's recent price of $20.14.
Synchronoss Technologies is currently above its 50-day moving average of $17.15 and above its 200-day moving average of $13.63. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Synchronoss Technologies shares.
Write to Chip Brian at cbrian@tradethetrend.com
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