TMCNet: 17.0% Return Seen to Date on SmarTrend Nanometrics Call (NANO)

[July 06, 2012]

17.0% Return Seen to Date on SmarTrend Nanometrics Call (NANO)

Jul 06, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Nanometrics (NASDAQ:NANO) on February 27th, 2012 at $18.08. In approximately 4 months, Nanometrics has returned 16.98% as of today's recent price of $15.01.


Over the past year, Nanometrics has traded in a range of $13.49 to $21.56 and is now at $15.01, 11% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.2%.

Nanometrics Incorporated manufactures film thickness and overlay metrology systems. The Company's products are used for advanced integrated circuit, flat panel display, and magnetic head manufacturing.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Nanometrics.

Log in and add Nanometrics (NANO) 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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