Tech Data Corp Has Returned 35.9% Since SmarTrend Recommendation (TECD)

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Tech Data Corp Has Returned 35.9% Since SmarTrend Recommendation (TECD)

Mar 01, 2019 (SmarTrend(R) Spotlight via COMTEX) —

SmarTrend identified an Uptrend for Tech Data Corp (NASDAQ:TECD) on November 2nd, 2018 at $75.17. In approximately 4 months, Tech Data Corp has returned 35.94% as of today’s recent price of $102.18.

In the past 52 weeks, Tech Data Corp share prices have been bracketed by a low of $66.93 and a high of $108.62 and are now at $102.18, 53% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 1.7%.

Tech Data Corporation is a wholesale distributor of technology products. The Company also provides its customers with advanced logistics capabilities and Value-added services. Tech Data serves value-added resellers, direct marketers, retailers and corporate resellers in more than 100 countries throughout North America, South America, Europe, the Middle East and Africa.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Tech Data Corp shares.Log in and add Tech Data Corp (TECD) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to SmarTrend at cs@mysmartrend.com

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Copyright, Comtex News Network, Inc. 2019



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