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33.5% Return Seen to Date on SmarTrend Reed Elsevier Call (RUK)
Dec 04, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Reed Elsevier (NYSE:RUK) on June 20th, 2012 at $31.22. In approximately 6 months, Reed Elsevier has returned 33.53% as of today's recent price of $41.68.
Over the past year, Reed Elsevier has traded in a range of $28.66 to $42.21 and is now at $41.68, 45% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.4%.
Reed Elsevier PLC is a holding company. The Company is a publisher and information provider. Reed Elsevier, through its subsidiaries, publishes scientific, legal, educational, and business to business materials.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Reed Elsevier shares.Log in and add Reed Elsevier (RUK) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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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.MySmarTrend.com
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