[May 18, 2012] Downtrend Call Working As Callidus Software Stock Falls 22.7% (CALD) Tweet May 18, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Callidus Software (NASDAQ:CALD) on May 3rd, 2012 at $6.59. In approximately 2 weeks, Callidus Software has returned 22.70% as of today's recent price of $5.09. In the past 52 weeks, shares of Callidus Software have traded between a low of $4.05 and a high of $8.24 and are now at $5.09, which is 26% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 2.6%. Callidus Software delivers enterprise application software called business performance systems. The Company's Enterprise Incentive Management (EIM) software system allows enterprises to model, administer, analyze and report pay-for-performance plans, which are designed to align employee, sales, and channel tactics with targeted business objectives. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Callidus Software. Log in and add Callidus Software (CALD) 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 ]