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
- 9/30/2009 9:04:36 AM
By Chip Brian, SmarTrend Analytics Team
Family Dollar (NYSE:FDO) initiated as Sector Perform at RBC Capital. The stock closed yesterday at $25.95 on volume of 4,952,700 shares, above average daily volume of 3,110,067.
Family Dollar Stores is currently below its 50-day moving average of $29.30 and below its 200-day moving average of $29.48.
SmarTrend is bearish on shares of FDO and our subscribers received a Downtrend alert on May 18, 2009 at $30.05, which has returned 13.6% 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
|
