SmarTrend Detects Continued Buying Pressure in Shares of PMI Group (PMI)
Friday, March 12, 2010 - 11:31
Written on Fri, 03/12/2010 - 11:31am
By Chip Brian

SmarTrend identified an Uptrend for PMI Group (NYSE:PMI) on December 24, 2009 at $2.61. In approximately 2 months, PMI Group has returned 28.4% as of today's recent price of $3.35.
PMI Group is currently above its 50-day moving average of $2.52 and above its 200-day moving average of $2.61. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of PMI Group shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): PMI

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