[February 01, 2012] Shares of PBI Down 19.6% Since Downtrend Call on Shares Tweet Feb 01, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Pitney Bowes (NYSE:PBI) on March 16th, 2011 at $23.85. In approximately 11 months, Pitney Bowes has returned 19.58% as of today's recent price of $19.18. In the past 52 weeks, shares of Pitney Bowes have traded between a low of $17.33 and a high of $41.25 and are now at $19.18, which is 11% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has remained constant. Pitney Bowes Inc. sells and finances, rents, and services integrated mail and document management systems. The Company offers a full suite of equipment, supplies, software and services for end-to-end mailstream solutions. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Pitney Bowes. Log in and add Pitney Bowes (PBI) 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 [ Back To TMCnet.com's Homepage ]