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NASDAQ OMX Up 18.8% Since SmarTrend Uptrend Call (NDAQ)
Jan 18, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for NASDAQ OMX (NASDAQ:NDAQ) on July 3rd, 2012 at $22.82. In approximately 7 months, NASDAQ OMX has returned 18.78% as of today's recent price of $27.10.
Over the past year, NASDAQ OMX has traded in a range of $21.03 to $27.34 and is now at $27.10, 29% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.9%.
The NASDAQ OMX Group, Inc. is a global exchange group that delivers trading, exchange technology, securities listing, and public company services across multiple continents. The Exchange's offerings include trading across multiple asset classes, market data products, financial indexes, capital formation solutions, financial services and market technology products and services.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of NASDAQ OMX shares.Log in and add NASDAQ OMX (NDAQ) 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
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup
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