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
- 11/24/2009 9:08:29 AM
By Chip Brian, SmarTrend Analytics Team
Electronic Arts (NASDAQ:ERTS) initiated as Market Perform at Wells Fargo. The stock closed yesterday at $17.25 on volume of 5,547,145 shares, below average daily volume of 8,613,799.
Electronic Arts is currently below its 50-day moving average of $19.01 and below its 200-day moving average of $19.55.
SmarTrend is bearish on shares of ERTS and our subscribers received a Downtrend alert on October 28, 2009 at $18.70, which has returned 7.8% 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
|
