Downtrend Call Working As TIBCO Software Stock Falls 24.1% (TIBX)
SmarTrend identified a Downtrend for TIBCO Software (NASDAQ:TIBX) on October 8th, 2012 at $28.72. In approximately 5 months, TIBCO Software has returned 24.09% as of today's recent price of $21.80.
In the past 52 weeks, TIBCO Software share prices have been bracketed by a low of $18.95 and a high of $34.67 and are now at $21.80, 15% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 0.4%.
TIBCO Software Inc. provides electronic business infrastructure software products that enable business-to-business, business-to-consumer, and business-to-employee solutions. The Company's software products enable businesses to link internal operations, business partners, and customer channels in real time.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of TIBCO Software.
Log in and add TIBCO Software (TIBX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Keywords: spotlights Tibco software