• Return to Headlines

Watch for Continued Gains in Shares of Syniverse (SVR)

Written on Tue, 07/27/2010 - 1:24am
By Chip Brian

Shares of Syniverse (NYSE:SVR) traded near a new 52-week high yesterday of $23.77. Approximately 473,000 shares traded hands yesterday vs. average 30-day volume of 606,000 shares.
Syniverse closed at $23.5, approximately 1.2% above its previous closing price. SmarTrend will be monitoring shares of SVR to see if it can push through this barrier.
SmarTrend is bullish on shares of Syniverse and our subscribers were alerted to Buy on June 18, 2010 at $19.83. The stock has risen 18.5% since the alert was issued.

Keywords: Syniverse 52-week high tomorrow performance

Ticker(s): SVR

Contact Chip Brian



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/morning-call-newsletter-signup.