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Uptrend Call Working As Patni Computer Systems Stock Rises 34.1% (PTI)May 25, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Patni Computer Systems (NYSE:PTI) on October 18th, 2011 at $13.51. In approximately 7 months, Patni Computer Systems has returned 34.10% as of today's recent price of $18.11. In the past 52 weeks, shares of Patni Computer Systems have traded between a low of $10.91 and a high of $20.42 and are now at $18.11, which is 66% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has declined 0.5%. Patni Computer Systems Ltd develops software and provides information technology services and business solutions. The Company maintains application development projects, across all major software platforms and environments. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Patni Computer Systems shares.Log in and add Patni Computer Systems (PTI) 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 |
