[May 17, 2012] Saba Software Declining With Trend-Confirming Volume (SABA) Tweet May 17, 2012 (SmarTrend(R) News Watch via COMTEX) -- Shares of Saba Software are trading today in above average volume, with the share price falling 9.5% to $7.74. Approximately 1.2 million shares have changed hands today vs. average 30-day volume of 336,000 shares. Unusually high volume can signify a potential turning point or validate a breakout. SmarTrend recommended that its subscribers protect gains by selling shares of Saba Software on March 29th, 2012 by issuing a Downtrend alert when the shares were trading at $10.55. Since that call, shares of Saba Software have fallen 19.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time. Over the past year, Saba Software has traded in a range of $5.07 to $13.11 and is now at $8.50, 68% above that low. The 200-day and 50-day moving averages have moved 0.15% higher and 1.55% lower 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 ]