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Uptrend Call Working As Jefferies Group Stock Rises 29.6% (JEF)
Feb 20, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Jefferies Group (NYSE:JEF) on November 12th, 2012 at $16.57. In approximately 3 months, Jefferies Group has returned 29.55% as of today's recent price of $21.46.
In the past 52 weeks, shares of Jefferies Group have traded between a low of $11.59 and a high of $21.58 and are now at $21.46, which is 85% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has risen 0.3%.
Jefferies Group, Inc. is an independent, full-service global securities and investment banking firm. The Company provides clients with capital markets and financial advisory services, including M&A and restructuring, as well as institutional brokerage in equity, equity-linked, high yield and other fixed income securities, along with fundamental research and asset management.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Jefferies Group shares.Log in and add Jefferies Group (JEF) 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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