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TMCNet:  Emcore Up 21.3% Since SmarTrend Uptrend Call (EMKR)

[February 22, 2013]

Emcore Up 21.3% Since SmarTrend Uptrend Call (EMKR)

Feb 22, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Emcore (NASDAQ:EMKR) on May 3rd, 2012 at $4.93. In approximately 10 months, Emcore has returned 21.30% as of today's recent price of $5.98.

Over the past year, Emcore has traded in a range of $0.82 to $6.75 and is now at $5.98, 629% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.7% while the 200-day MA has risen 0.3%.

EMCORE Corporation offers a broad portfolio of products for the broadband, fiber optic, satellite and terrestrial solar power markets. The Company's products include optical components and systems for high-speed data and telecommunications networks, cable television, and fiber-to-the-premises applications, and products for both satellite and terrestrial power generation.

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