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Valueclick (VCLK) Upgrade Alert, Watch for 11.2% Technical Downtrend Reversal - 11/3/2009 8:41:38 AM

By Chip Brian, SmarTrend Analytics Team
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Valueclick (NASDAQ:VCLK) upgraded to Hold from Sell at Citigroup. The stock closed yesterday at $9.24 on volume of 2,588,667 shares, above average daily volume of 0.

Valueclick is currently below its 50-day moving average of $12.03 and below its 200-day moving average of $9.92.

SmarTrend is bearish on shares of VCLK and our subscribers received a Downtrend alert on October 28, 2009 at $10.40, which has returned 11.2% to date.

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