TMCnet News

Raytheon (RTN) Bullish Technical Alert - Trend Up 9%
[November 16, 2009]

Raytheon (RTN) Bullish Technical Alert - Trend Up 9%


Nov 16, 2009 (SmarTrend(R) Spotlight via COMTEX) -- Raytheon (NYSE:RTN) is trading 1.8% higher (up $0.87 to $49.90) today on volume of 753,129 shares. The stock is trading near its 52-week high of $53.00. We are watching for a close above that level.

Raytheon is currently above its 50-day moving average of $46.76 and above its 200-day moving average of $44.64.

SmarTrend is bullish on shares of RTN and our subscribers received an Uptrend alert on July 28, 2009 at $45.76, which has returned 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.

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 ]