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Factset Research Systems Trading Lower Today on Above-Average Volume (FDS)
Dec 18, 2012 (SmarTrend(R) News Watch via COMTEX) --
The price of Factset Research Systems shares has slipped to $90.93 (a 5.7% change) on heavy trading volume. Today's volume of 640,000 shares tops the average 30-day volume of 284,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.
SmarTrend is monitoring the recent change of momentum in Factset Research Systems. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Factset Research Systems in search of a potential trend change.
In the past 52 weeks, Factset Research Systems share prices have been bracketed by a low of $85.38 and a high of $109.20 and are now at $90.94, 7% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.
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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