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
- 11/4/2009 8:43:48 AM
By Chip Brian, SmarTrend Analytics Team
General Dynamics (NYSE:GD) upgraded to Outperform from Neutral at Credit Suisse. The stock closed yesterday at $62.55 on volume of 2,253,900 shares, below average daily volume of 2,329,030.
General Dynamics is currently below its 50-day moving average of $63.55 and should find support at its 200-day moving average of $54.54.
SmarTrend is bearish on shares of GD and our subscribers received a Downtrend alert on October 29, 2009 at $63.82, which has returned 2% 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
|
