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20.3% Return Seen to Date on SmarTrend CBS Call (CBS)
Feb 01, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for CBS (NYSE:CBS) on November 8th, 2012 at $34.91. In approximately 3 months, CBS has returned 20.30% as of today's recent price of $41.99.
In the past 52 weeks, shares of CBS have traded between a low of $28.16 and a high of $43.14 and are now at $41.99, which is 49% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.8% while the 200-day MA has risen 0.6%.
CBS Corporation is a multimedia company that operates broadcasting, television production, and publishing businesses. The Company operates television and radio stations, produces and syndicates television programs, publishes books, provides online content as well as provides outdoor advertising.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of CBS shares.Log in and add CBS (CBS) 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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