SmarTrend analyzes over 5,000 stocks simultaneously on an intraday basis using its pattern recognition technology to give you real-time alerts for stocks on the move -- so you can maximize your trading results. Let our system increase your market awareness.
Technical Analysis
- 9/15/2009 9:20:00 AM
By Chip Brian, SmarTrend Analytics Team
Xerox (NYSE:XRX) upgraded to Overweight, $12 target, at Barclays. The stock closed yesterday at $9.16 on volume of 4,852,800 shares, below average daily volume of 5,790,008.
Xerox is currently above its 50-day moving average of $7.93 and above its 200-day moving average of $6.81.
SmarTrend is bullish on shares of XRX and our subscribers received an Uptrend alert on July 27, 2009 at $7.76, which has returned 18% to date.
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.TradeTheTrend.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 www.TradeTheTrend.com/signup.html
|
