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Seaboard Shares Up 12.8% Since SmarTrend's Buy Recommendation (SEB)
Jan 18, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Seaboard (AMEX:SEB) on September 26th, 2012 at $2,245.05. In approximately 4 months, Seaboard has returned 12.78% as of today's recent price of $2,532.01.
In the past 52 weeks, Seaboard share prices have been bracketed by a low of $-2123.96 and a high of $2736.00 and are now at $2532.01, -219% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.8%.
Seaboard Corporation is a diversified international agribusiness and transportation company that primarily produces and processes domestic pork and ships cargo. The Company also merchandises commodities, mills flour and feed, farms produce, produces sugar, and generates electric power overseas.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Seaboard shares.Log in and add Seaboard (SEB) 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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