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Hot Stock: Nautilus, Shares Drop 5.9% (NLS)Jan 24, 2013 (SmarTrend(R) Spotlight via COMTEX) -- Nautilus (NYSE:NLS) is one of today's worst performing low-priced stocks, down 5.9% to $4.96 on 1.7x average daily volume. Thus far today, Nautilus has traded 350,000 shares, vs. average volume of 211,000 shares per day. The stock has underperformed the Dow (-5.9% to the Dow's 0.7%) and underperformed the S&P 500 (-5.9% to the S&P's 0.5%) during today's trading. In the past 52 weeks, Nautilus share prices have been bracketed by a low of $1.85 and a high of $5.43 and are now at $4.96, 168% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 2.4%. Potential upside of 13.9% exists for Nautilus, based on a current level of $4.96 and analysts' average consensus price target of $5.65. The stock should find initial support at its 50-day moving average (MA) of $3.68 and further support at its 200-day MA of $3.03. Nautilus, Inc. markets, develops, and manufactures branded health and fitness products. The Company's products are sold under brand names such as Nautilus, Schwinn, Bowflex. and StairMaster. Nautilus sells its products through direct marketing channels, its own sales force, dealers, distributors, and retailers worldwide. SmarTrend recommended that subscribers consider buying shares of Nautilus on October 5th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $2.79. Since that recommendation, shares of Nautilus have risen 88.9%. We continue to monitor NLS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- 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 |