TMCnet News
Arrow Electronics Has Returned 18.6% Since SmarTrend Recommendation (ARW)Dec 06, 2011 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Arrow Electronics (NYSE:ARW) on October 10th, 2011 at $31.20. In approximately 2 months, Arrow Electronics has returned 18.58% as of today's recent price of $36.99. Arrow Electronics share prices have moved between a 52-week high of $47.50 and a 52-week low of $25.71 and are now trading 44% above that low price at $36.99 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 1.5%. Arrow Electronics, Inc. distributes electronic components and computer products to industrial and commercial customers. The Company distributes a variety of products including computer systems, peripherals, software, and mass storage products to original equipment manufacturers and commercial customers worldwide. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Arrow Electronics shares.Log in and add Arrow Electronics (ARW) 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 |
