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TMCNet:  Uptrend Call Working As Adtran Stock Rises 14.6% (ADTN)

[July 01, 2013]

Uptrend Call Working As Adtran Stock Rises 14.6% (ADTN)

Jul 01, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Adtran (NASDAQ:ADTN) on April 10th, 2013 at $21.80. In approximately 3 months, Adtran has returned 14.61% as of today's recent price of $24.98.

In the past 52 weeks, shares of Adtran have traded between a low of $15.38 and a high of $30.19 and are now at $24.97, which is 62% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.0%.

ADTRAN, Inc. designs, develops, manufactures, markets, and services a variety of high-speed digital transmission products. The Company's products are used by telephone companies and corporate end-users to implement advanced digital data services over existing telephone networks. ADTRAN also offers a line of multiplexers which provides modular flexibility.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Adtran shares.Log in and add Adtran (ADTN) 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 --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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