• Return to Headlines

Penske Auto Group (PAG) Upgrade Alert, Watch for 11.2% Technical Uptrend Continuation

Written on Fri, 07/30/2010 - 11:51am
By Chip Brian

Penske Auto Group (NYSE:PAG) upgraded to Buy from Hold at Gabelli & Co. The stock closed yesterday at $13.81 on volume of 1,275,300 shares, above average daily volume of 819,196.
Penske Auto Group is currently above its 50-day moving average of $12.52 and should find resistance at its 200-day moving average of $14.83.
SmarTrend is bullish on shares of PAG and our subscribers received an Uptrend alert on July 21, 2010 at $12.42, which has returned 11.2% to date.

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

Ticker(s): PAG

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.