TMCnet News

Shares of RIMM Up 69.0% Since Uptrend Call on Shares
[December 18, 2012]

Shares of RIMM Up 69.0% Since Uptrend Call on Shares


Dec 18, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Research In Motion (NASDAQ:RIMM) on October 2nd, 2012 at $8.14. In approximately 3 months, Research In Motion has returned 69.02% as of today's recent price of $13.75.



In the past 52 weeks, Research In Motion share prices have been bracketed by a low of $6.22 and a high of $45.91 and are now at $13.75, 121% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 6.2%.

Research In Motion Limited (RIM) designs, manufactures, and markets wireless solutions for the worldwide mobile communications market. The Company provides platforms and solutions for access to email, phone, SMS messaging, Internet, and Intranet-based applications.


SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Research In Motion shares.Log in and add Research In Motion (RIMM) 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 ]