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
- 11/12/2009 9:01:13 AM
By Chip Brian, SmarTrend Analytics Team
Kayne Anderson (NYSE:KYN) reiterated Buy, raised target to $26 from $24, at Wunderlich Securities. The stock closed yesterday at $23.99 on volume of 230,300 shares, above average daily volume of 196,913.
Kayne Anderson MLP Investment is currently above its 50-day moving average of $21.48 and above its 200-day moving average of $20.02.
SmarTrend is bullish on shares of KYN and our subscribers received an Uptrend alert on September 16, 2009 at $21.42, which has returned 12% 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
|
