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TMCNet:  Micros Systems Down 11.3% Since SmarTrend Downtrend Call (MCRS)

[December 13, 2012]

Micros Systems Down 11.3% Since SmarTrend Downtrend Call (MCRS)

Dec 13, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Micros Systems (NASDAQ:MCRS) on October 26th, 2012 at $46.12. In approximately 2 months, Micros Systems has returned 11.25% as of today's recent price of $40.93.


Micros Systems share prices have moved between a 52-week high of $58.49 and a 52-week low of $38.38 and are now trading 7% above that low price at $40.98 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.2% while the 200-day MA has slid 0.3%.

MICROS Systems, Inc. designs, manufactures, markets, and services enterprise information solutions for the global hospitality industry. The Company's solutions consist of application specific software and hardware systems, supplemented by services. The hospitality industry includes lodging, table service restaurants, quick service restaurants, and entertainment venues.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Micros Systems.

Log in and add Micros Systems (MCRS) 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 --------------------------------------------------------------------------------------------- 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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