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Technical Analysis
- 9/30/2009 9:05:00 AM
By Chip Brian, SmarTrend Analytics Team
Affiliated Computer (NYSE:ACS) downgraded to Neutral, $58 target, at UBS. The stock closed yesterday at $55.32 on volume of 8,346,600 shares, above average daily volume of 1,097,213.
Affiliated Computer Services is currently above its 50-day moving average of $46.13 and above its 200-day moving average of $45.78.
SmarTrend is bullish on shares of ACS and our subscribers received an Uptrend alert on September 16, 2009 at $46.59, which has returned 18.7% to date.
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