[May 16, 2012] VeriSign Shares Up 29.8% Since SmarTrend's Buy Recommendation (VRSN) Tweet May 16, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for VeriSign (NASDAQ:VRSN) on October 12th, 2011 at $30.90. In approximately 7 months, VeriSign has returned 29.76% as of today's recent price of $40.09. Over the past year, VeriSign has traded in a range of $27.00 to $43.05 and is now at $40.09, 48% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.5%. VeriSign, Inc. provides Internet infrastructure services needed by websites, enterprises,electronic commerce providers, and individuals to conduct electronic commerce and communications over Internet protocol networks. The Company also provides Internet domain registration services for all all .com, .net, .cc, .tv, .name and .jobs domain namesand. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of VeriSign shares.Log in and add VeriSign (VRSN) 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 [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 [ Back To TMCnet.com's Homepage ]