[May 22, 2012] Downtrend Call Working As BroadSoft Stock Falls 16.7% (BSFT) Tweet May 22, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for BroadSoft (NASDAQ:BSFT) on May 7th, 2012 at $33.42. In approximately 2 weeks, BroadSoft has returned 16.73% as of today's recent price of $27.83. BroadSoft share prices have moved between a 52-week high of $45.32 and a 52-week low of $21.26 and are now trading 31% above that low price at $27.83 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.5%. BroadSoft Inc. is a global provider of software that enables fixed-line, mobile and cable service providers to deliver voice and multimedia services over their Internet protocol-based, or IP-based, networks. The Company's software enables customers to provide enterprises and consumers with a range of cloud-based, or hosted, IP multimedia communications. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of BroadSoft. Log in and add BroadSoft (BSFT) 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 ]