[May 17, 2012] Shares of APOL Down 38.9% Since Downtrend Call on Shares Tweet May 17, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Apollo Group (NASDAQ:APOL) on February 6th, 2012 at $52.14. In approximately 3 months, Apollo Group has returned 38.86% as of today's recent price of $31.88. Over the past year, Apollo Group has traded in a range of $30.93 to $58.29 and is now at $31.88, 3% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 1.6%. Apollo Group Incorporated provides higher education programs for working adults. The Company provides educational programs and services at the high school, under graduate, and graduate levels online and on-campus through subsidiaries. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Apollo Group. Log in and add Apollo Group (APOL) 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 ]