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Stock Investors Sell Off Shares of SolarWinds, Down 99.2%

Written on Tue, 03/12/2013 - 10:21am
By James Quinn

One of today's stocks on the move is SolarWinds (NYSE:SWI), down 99.2% to $59.70. The Dow is trading fractionally higher to 14,451 and the S&P is currently trading fractionally higher to 1,555.

SolarWinds is in SmarTrend's Application Software industry and this industry is currently in an Uptrend according to our research. We are monitoring many other stocks on the move within this industry.

SolarWinds share prices have moved between a 52-week high of $61.39 and a 52-week low of $35.34 and are now trading 69% above that low price at $59.70 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has risen 0.4%.

SmarTrend recommended that subscribers consider buying shares of SolarWinds on November 26th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $54.61. Since that recommendation, shares of SolarWinds have risen 9.5%. We continue to monitor SWI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: market movers Solarwinds

Ticker(s): SWI

Contact James Quinn



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