ARM Holdings Shares Up 9.6% Since SmarTrend's Buy Recommendation (ARMH)

Sep 15, 2011 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for ARM Holdings (NASDAQ:ARMH) on August 29, 2011 at $26.75. In approximately 2 weeks, ARM Holdings has returned 9.6% as of today's recent price of $29.31.

In the past 52 weeks, shares of ARM Holdings have traded between a low of $16.46 and a high of $32.18 and are now at $29.31, which is 78% above that low price.

ARM Holdings is currently above its 50-day moving average of $27.15 and above its 200-day moving average of $26.62. Look for these moving averages to climb to confirm the company's upward momentum.

In the last five trading sessions, the 50-day MA has fallen 0.15% while the 200-day MA has risen 0.53%.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of ARM Holdings shares.

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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