TMCnet News

Lions Gate Entertainment Rising Today on Above-Average Volume (LGF)
[March 26, 2012]

Lions Gate Entertainment Rising Today on Above-Average Volume (LGF)


Mar 26, 2012 (SmarTrend(R) News Watch via COMTEX) -- Lions Gate Entertainment's stock is up 3.1% to $14.98 on heavy trading volume. About 12.9 million shares have been traded today, as compared to the 30-day average volume of 3.1 million shares. Unusually high volume can signify a potential turning point or validate a breakout.



SmarTrend recommended that subscribers consider buying shares of Lions Gate Entertainment on October 24th, 2011 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $7.44. Since that recommendation, shares of Lions Gate Entertainment have risen 95.4%. We continue to monitor LGF for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, shares of Lions Gate Entertainment have traded between a low of $5.76 and a high of $16.19 and are now at $14.98, which is 160% above that low price. The 200-day and 50-day moving averages have moved 2.63% higher and 5.48% higher over the past week, respectively.


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 ]