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Belden Shares Up 17.6% Since SmarTrend's Buy Recommendation (BDC)
Dec 31, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Belden (NYSE:BDC) on November 29th, 2012 at $37.85. In approximately 1 month, Belden has returned 17.58% as of today's recent price of $44.50.
In the past 52 weeks, shares of Belden have traded between a low of $29.65 and a high of $44.75 and are now at $44.50, which is 50% above that low price. The 200-day and 50-day moving averages have moved 0.28% higher and 1.33% higher over the past week, respectively.
Belden Inc. provides signal transmission solutions for a wide range of markets, including data networking, industrial automation, professional audio and video, security and surveillance, aerospace and many other specialty electronics markets.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Belden shares.Log in and add Belden (BDC) 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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