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TMCNet:  Shares of Netscout Systems Down on Above Average Volume, Moving Against Trend (NTCT)

[January 18, 2013]

Shares of Netscout Systems Down on Above Average Volume, Moving Against Trend (NTCT)

Jan 18, 2013 (SmarTrend(R) News Watch via COMTEX) -- Shares of Netscout Systems are trading down 3.9% to $24.66 today on above average volume. About 520,000 shares have been traded today, as compared to the 30-day average volume of 227,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.


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

In the past 52 weeks, Netscout Systems share prices have been bracketed by a low of $15.72 and a high of $28.28 and are now at $24.95, 59% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 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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