Alcatel-Lucent (NYSE:ALU) was downgraded from Neutral to Underweight at HSBC today. The stock closed yesterday at $1.41 on volume of 22.0 million shares, above average daily volume of 16.6 million.

There is potential upside of 13.8% for shares of Alcatel-Lucent based on a current price of $1.41 and an average consensus analyst price target of $1.60. The stock should hit resistance at its 50-day moving average (MA) of $1.54, as well as support at its 200-day MA of $1.32.

Alcatel-Lucent manufactures telecommunications equipment, and offers telecommunications services. The Company's telecommunications equipment and services enable its customers to send or receive virtually any type of voice or data transmission. Alcatel-Lucent designs and builds public and private networks, communications systems and software, and data networking systems.

Alcatel-Lucent share prices have moved between a 52-week high of $2.66 and a 52-week low of $0.91 and closed yesterday at 55% above that low price at $1.41 per share. The 200-day and 50-day moving averages have moved 0.01% lower and 1.80% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Alcatel-Lucent on December 14th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $1.24. Since that recommendation, shares of Alcatel-Lucent have risen 19.0%. We continue to monitor ALU for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.