Uptrend Call Working As Xerox Stock Rises 23.6% (XRX)
SmarTrend identified an Uptrend for Xerox (NYSE:XRX) on December 5th, 2012 at $7.02. In approximately 3 months, Xerox has returned 23.59% as of today's recent price of $8.67.
In the past 52 weeks, Xerox share prices have been bracketed by a low of $6.10 and a high of $8.73 and are now at $8.63, 42% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has risen 0.3%.
Xerox Corporation develops, manufactures, markets, services, and finances a range of document processing products and services for use in offices around the world. The Company also, through subsidiaries, provides network management, consulting, design, and integration services for medium and large companies.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Xerox shares.
Log in and add Xerox (XRX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Keywords: spotlights xerox