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Downtrend Call Working As Comtech Telecommunications Stock Falls 10.5% (CMTL)Nov 21, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Comtech Telecommunications (NASDAQ:CMTL) on October 10th, 2012 at $27.02. In approximately 1 month, Comtech Telecommunications has returned 10.47% as of today's recent price of $24.19. Over the past year, Comtech Telecommunications has traded in a range of $23.90 to $34.89 and is now at $24.19, 1% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.7%. Comtech Telecommunications Corp. designs, develops, and manufactures technology electronic products and systems. The Company's communications products are used worldwide for voice, data, facsimile, and video transmissions at microwave frequencies in satellite, over-the-horizon microwave, terrestrial line-of-sight, and wireless telecommunications. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Comtech Telecommunications. Log in and add Comtech Telecommunications (CMTL) 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 |