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Shares of ESI Down 58.1% Since Downtrend Call on Shares
Jan 22, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified a Downtrend for ITT Educational Services (NYSE:ESI) on September 25th, 2012 at $34.52. In approximately 4 months, ITT Educational Services has returned 58.11% as of today's recent price of $14.46.
In the past 52 weeks, shares of ITT Educational Services have traded between a low of $14.13 and a high of $77.00 and are now at $14.46, which is 2% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 3.4% while the 200-day MA has slid 3.2%.
ITT Educational Services, Inc. provides technology-oriented postsecondary degree programs in the United States. The Company's institutes offer associate, bachelor, and master degree programs, as well as non-degree diploma programs.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of ITT Educational Services.
Log in and add ITT Educational Services (ESI) 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
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