• Return to Headlines

American Physicians Capital (ACAP) Downgrade Alert, Watch for 27.9% Technical Uptrend Reversal

Written on Fri, 07/30/2010 - 11:50am
By Chip Brian

American Physicians Capital (NASDAQ:ACAP) downgraded to Underperform from Market Perform at Raymond James. The stock closed yesterday at $41.11 on volume of 67,200 shares, below average daily volume of 252,596.
American Physicians Capital is currently above its 50-day moving average of $34.15 and above its 200-day moving average of $31.09.
SmarTrend is bullish on shares of ACAP and our subscribers received an Uptrend alert on June 28, 2010 at $32.13, which has returned 27.9% to date.

Keywords: Stock Alerts price trends technical analysis charting uptrend downtrend stock charts

Ticker(s): ACAP

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.