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Technical Analysis
- 9/30/2009 9:04:27 AM
By Chip Brian, SmarTrend Analytics Team
FreightCar America (NASDAQ:RAIL) downgraded to Hold, $25 target, at KeyBanc. The stock closed yesterday at $25.21 on volume of 297,800 shares, above average daily volume of 151,328.
FreightCar America is currently above its 50-day moving average of $20.34 and above its 200-day moving average of $18.49.
SmarTrend is bullish on shares of RAIL and our subscribers received an Uptrend alert on September 22, 2009 at $23.93, which has returned 5.3% to date.
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