TMCnet - World's Largest Communications and Technology Community



Telkom SA Has Returned 66.3% Since SmarTrend Recommendation (TLKGY)
[December 04, 2012]

Telkom SA Has Returned 66.3% Since SmarTrend Recommendation (TLKGY)

Dec 04, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Telkom SA (NYSE:TLKGY) on June 23rd, 2011 at $20.18. In approximately 18 months, Telkom SA has returned 66.25% as of today's recent price of $6.81.

In the past 52 weeks, Telkom SA share prices have been bracketed by a low of $6.75 and a high of $15.30 and are now at $6.81, 1% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.7% while the 200-day MA has slid 1%.

Telkom South Africa Limited is a full-service telecommunications provider for South Africa. As the only fixed-line communications network operator in South Africa, Telkom offers business, residential, and payphone customers a range of voice and data services. Telkom also owns 50% of Vodacom Group (Pty) Limited, the largest cellular phone network operator in South Africa.

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

Log in and add Telkom SA (TLKGY) 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 --------------------------------------------------------------------------------------------- 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:

[ Back To's Homepage ]

Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments:
Comments about this site:


© 2016 Technology Marketing Corporation. All rights reserved | Privacy Policy