TMCnet News
CreXus Investment Trading Higher Today on Above-Average Volume, Consistent With Trend (CXS)Nov 26, 2012 (SmarTrend(R) News Watch via COMTEX) -- CreXus Investment shares are trading on heavy volume today, having risen -0.2% to $12.39. About 1.2 million shares have been traded today, as compared to the 30-day average volume of 588,000 shares. Spikes in volume can validate a breakout or signify a potential turning point. SmarTrend recommended that subscribers consider buying shares of CreXus Investment on September 14th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $10.68. Since that recommendation, shares of CreXus Investment have risen 16.2%. We continue to monitor CXS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. In the past 52 weeks, CreXus Investment share prices have been bracketed by a low of $9.06 and a high of $12.67 and are now at $12.42, 37% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has remained constant. 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 |