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Energizer (ENR) Upgrade Alert, Watch for 6.9% Technical Downtrend Reversal
[November 09, 2009]

Energizer (ENR) Upgrade Alert, Watch for 6.9% Technical Downtrend Reversal


Nov 09, 2009 (SmarTrend(R) Spotlight via COMTEX) -- Energizer (NYSE:ENR) upgraded to Overweight from Equal Weight at Morgan Stanley. The stock closed Friday at $56.98 on volume of 1,279,571 shares, above average daily volume of 749,337.

Energizer is currently below its 50-day moving average of $64.00 and should find support at its 200-day moving average of $55.98.

SmarTrend is bearish on shares of ENR and our subscribers received a Downtrend alert on October 29, 2009 at $61.24, which has returned 6.9% 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.

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