|
Meredith Trading Higher Today on Above-Average Volume, Consistent With Trend (MDP)
Feb 15, 2013 (SmarTrend(R) News Watch via COMTEX) --
The price of Meredith shares has climbed to $42.16 (a 3.2% change) on heavy trading volume. About 741,000 shares have been traded today, as compared to the 30-day average volume of 291,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.
SmarTrend recommended that subscribers consider buying shares of Meredith on December 5th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $32.17. Since that recommendation, shares of Meredith have risen 27.0%. We continue to monitor MDP for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Over the past year, Meredith has traded in a range of $26.89 to $42.84 and is now at $42.13, 57% above that low. 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%.
Write to Chip Brian at cbrian@mysmartrend.com
---------------------------------------------------------------------------------------------
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
[ Back To Technology News's Homepage ]
|
Internet Telephony Magazine
Click here to read latest issue
CUSTOMER 
Cloud Computing Magazine
Click here to read latest issue
M2M Evolution Magazine
Call Center/CRM
Info Tech 
IP Communications 
Mobile 
Green 
Satellite 
Robotics 
