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
- 11/20/2009 8:53:04 AM
By Chip Brian, SmarTrend Analytics Team
Vulcan Materials (NYSE:VMC) upgraded to Buy from Neutral at UBS. The stock closed yesterday at $49.50 on volume of 1,619,400 shares, above average daily volume of 1,342,035.
Vulcan Materials is currently below its 50-day moving average of $51.67 and should find support at its 200-day moving average of $46.82.
SmarTrend is bearish on shares of VMC and our subscribers received a Downtrend alert on October 01, 2009 at $52.28, which has returned 5.3% 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
|
