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Hot Stock: Alcatel-Lucent, Shares Gain 14.5% (ALU)
[November 23, 2012]

Hot Stock: Alcatel-Lucent, Shares Gain 14.5% (ALU)

Nov 23, 2012 (SmarTrend(R) Spotlight via COMTEX) -- Alcatel-Lucent (NYSE:ALU) is one of today's best performing low-priced stocks, up 14.5% to $1.15 on 3.4x average daily volume. Alcatel-Lucent has traded 47.9 million shares thus far today, vs. average volume of 13.9 million shares per day. The stock has outperformed the Dow (14.5% to the Dow's 0.9%) and outperformed the S&P 500 (14.5% to the S&P's 0.9%) during today's trading.

Alcatel-Lucent manufactures telecommunications equipment, and offers telecommunications services. The Company's telecommunications equipment and services enable its customers to send or receive virtually any type of voice or data transmission. Alcatel-Lucent designs and builds public and private networks, communications systems and software, and data networking systems.

Alcatel-Lucent share prices have moved between a 52-week high of $2.66 and a 52-week low of $0.91 and are now trading 26% above that low price at $1.15 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 0.2%.

Alcatel-Lucent has overhead space with shares priced $1.15, or 3.1% below the average consensus analyst price target of $1.18. Alcatel-Lucent shares should encounter resistance at the 200-day moving average (MA) of $1.57 and support at the 50-day MA of $1.09.

SmarTrend recommended that its subscribers protect gains by selling shares of Alcatel-Lucent on April 10th, 2012 by issuing a Downtrend alert when the shares were trading at $2.04. Since that call, shares of Alcatel-Lucent have fallen 50.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Write to Chip Brian at --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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