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TMCNet:  Shares of UEIC Up 11.3% Since Uptrend Call on Shares

[December 21, 2012]

Shares of UEIC Up 11.3% Since Uptrend Call on Shares

Dec 21, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Universal Electronics (NASDAQ:UEIC) on November 26th, 2012 at $16.92. In approximately 4 weeks, Universal Electronics has returned 11.26% as of today's recent price of $18.83.

In the past 52 weeks, Universal Electronics share prices have been bracketed by a low of $11.40 and a high of $30.10 and are now at $18.83, 65% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.5% while the 200-day MA has slid 0.5%.

Universal Electronics Inc. manufactures and markets preprogrammed universal wireless remote controls, wireless keyboards, and gaming controls principally for home video and audio entertainment equipment. The Company sells and licenses its devices and proprietary technologies worldwide to OEM's, private label manufacturers and companies involved in the cable and satellite industries.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Universal Electronics shares.Log in and add Universal Electronics (UEIC) 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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