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16.6% Return Seen to Date on SmarTrend Barclays Call (BCS)May 25, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Barclays (NYSE:BCS) on April 5th, 2012 at $13.88. In approximately 2 months, Barclays has returned 16.64% as of today's recent price of $11.57. Barclays share prices have moved between a 52-week high of $18.40 and a 52-week low of $8.38 and are now trading 38% above that low price at $11.57 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.1% while the 200-day MA has remained constant. Barclays PLC offers commercial and investment banking, insurance, financial, asset management and related services. The Company's subsidiary, Barclays Bank plc, operates over 2,000 branches in the United Kingdom and around 900 branches overseas. In all, Barclays Bank operates branches in over 60 countries. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Barclays. Log in and add Barclays (BCS) 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 |
