TMCnet News

NVE (NVEC) Bearish Technical Alert - Trend Down 33.3%
[November 02, 2009]

NVE (NVEC) Bearish Technical Alert - Trend Down 33.3%


Nov 02, 2009 (SmarTrend(R) Spotlight via COMTEX) -- NVE (NASDAQ:NVEC) is trading 1.7% lower (down $0.64 to $36.76) today on volume of 86,081 shares. The stock has traded within a 52-week range of $16.56 and $63.64.

NVE is currently below its 50-day moving average of $52.11 and below its 200-day moving average of $42.00.

SmarTrend is bearish on shares of NVEC and our subscribers received a Downtrend alert on September 18, 2009 at $55.10, which has returned 33.3% to date.

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.TradeTheTrend.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.TradeTheTrend.com/signup.html

[ Back To TMCnet.com's Homepage ]