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Pactiv (PTV) Downgrade Alert, Watch for 10.3% Technical Uptrend Reversal

Written on Fri, 07/30/2010 - 11:46am
By Chip Brian

Pactiv (NYSE:PTV) downgraded to Neutral from Buy at BofA/Merrill. The stock closed yesterday at $31.54 on volume of 7,211,400 shares, above average daily volume of 1,758,432.
Pactiv is currently above its 50-day moving average of $29.17 and above its 200-day moving average of $25.64.
SmarTrend is bullish on shares of PTV and our subscribers received an Uptrend alert on May 17, 2010 at $28.61, which has returned 10.3% to date.

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

Ticker(s): PTV

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