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Coherent Inc Has Returned 27.2% Since SmarTrend Recommendation (COHR)

Feb 09, 2018 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified a Downtrend for Coherent Inc (NASDAQ:COHR) on January 24th, 2018 at $280.81. In approximately 2 weeks, Coherent Inc has returned 27.22% as of today's recent price of $204.37.

Coherent Inc share prices have moved between a 52-week high of $329.00 and a 52-week low of $86.32 and are now trading 137% above that low price at $204.37 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 0.6%.

Coherent, Inc. is a global company that manufactures and sells a variety of laser-based photonic products. The Company's products are used in manufacturing and instrumentation applications that include optical telecommunication, semiconductor manufacturing, inspection and test, advance packaging, and reprographics. The electro-optical market consists of Fortune 500 customers.

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

Log in and add Coherent Inc (COHR) 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

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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

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