TMCnet News

France Telecom Shares Down 14.9% Since SmarTrend's Sell Call (FTE)
[December 21, 2012]

France Telecom Shares Down 14.9% Since SmarTrend's Sell Call (FTE)


Dec 21, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for France Telecom (NYSE:FTE) on September 20th, 2012 at $12.82. In approximately 3 months, France Telecom has returned 14.86% as of today's recent price of $10.92.



In the past 52 weeks, shares of France Telecom have traded between a low of $10.20 and a high of $16.17 and are now at $10.91, which is 7% above that low price. The 200-day and 50-day moving averages have moved 0.89% lower and 1.13% lower over the past week, respectively.

France Telecom SA provides telecommunications services to residential, professional, and large business customers. The Company offers public fixed-line telephone, leased lines and data transmission, mobile telecommunications, cable television, Internet and wireless applications, and broadcasting services, and telecommunications equipment sales and rentals.


SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of France Telecom.

Log in and add France Telecom (FTE) 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 ]