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15.0% Return Seen to Date on SmarTrend Commercial Vehicle Call (CVGI)May 24, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Commercial Vehicle (NASDAQ:CVGI) on April 10th, 2012 at $10.55. In approximately 1 month, Commercial Vehicle has returned 14.98% as of today's recent price of $8.97. In the past 52 weeks, Commercial Vehicle share prices have been bracketed by a low of $5.65 and a high of $16.02 and are now at $8.97, 59% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 1.4%. Commercial Vehicle Group, Inc. supplies interior systems, vision safety solutions and other cab-related products for the heavy-duty truck market, the construction market, and other specialized transportation markets. The products include suspension seat systems, interior trim systems, mirrors, wiper systems, controls and switches specifically designed for applications in cabs. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Commercial Vehicle. Log in and add Commercial Vehicle (CVGI) 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 |
