[May 18, 2012] Infosys Technologies Has Returned 23.3% Since SmarTrend Recommendation (INFY) Tweet May 18, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Infosys Technologies (NASDAQ:INFY) on March 6th, 2012 at $56.01. In approximately 2 months, Infosys Technologies has returned 23.27% as of today's recent price of $42.98. Infosys Technologies share prices have moved between a 52-week high of $68.52 and a 52-week low of $42.46 and are now trading 1% above that low price at $42.98 per share. The 200-day and 50-day moving averages have moved 0.7% lower and 2.06% lower over the past week, respectively. Infosys Technologies Limited provides IT consulting and software services, including e-business, program management and supply chain solutions. The Group's services include application development, product co-development, and system implementation and system engineering. Infosys targets businesses specializing in the insurance, banking, telecommunication and manufacturing sectors. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Infosys Technologies. Log in and add Infosys Technologies (INFY) 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 ]