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18.4% Return Seen to Date on SmarTrend Level 3 Communications Call (LVLT)

By Shiri Gupta

SmarTrend identified a Downtrend for Level 3 Communications (NYSE:LVLT) on October 17th, 2011 at $23.85. In approximately 3 months, Level 3 Communications has returned 18.36% as of today's recent price of $19.47.

In the past 52 weeks, shares of Level 3 Communications have traded between a low of $16.51 and a high of $40.05 and are now at $19.47, which is 18% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1% while the 200-day MA has slid 0.3%.

Level 3 Communications, Inc. provides telecommunications and information services, including local, long distance, and data transmission. The Company also provides other enhanced communications and Internet services, and is involved in coal mining businesses.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Level 3 Communications.

Log in and add Level 3 Communications (LVLT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights level 3 communications

Ticker(s): LVLT