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TMCNet:  AsiaInfo Holdings Trading Higher Today on Above-Average Volume, Consistent With Trend (ASIA)

[November 12, 2012]

AsiaInfo Holdings Trading Higher Today on Above-Average Volume, Consistent With Trend (ASIA)

Nov 12, 2012 (SmarTrend(R) News Watch via COMTEX) -- AsiaInfo Holdings shares are trading on heavy volume today, having risen 0.3% to $10.46. About 564,000 shares have been traded today, as compared to the 30-day average volume of 208,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.


SmarTrend is tracking the current trend status for AsiaInfo Holdings and will alert subscribers who have ASIA in their portfolio or watchlist when shares have changed trend direction.

AsiaInfo Holdings share prices have moved between a 52-week high of $13.90 and a 52-week low of $6.53 and are now trading 61% above that low price at $10.53 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 0.7%.

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

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