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Downtrend Call Working As Scholastic Stock Falls 11.5% (SCHL)
[November 28, 2012]

Downtrend Call Working As Scholastic Stock Falls 11.5% (SCHL)

Nov 28, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Scholastic (NASDAQ:SCHL) on November 13th, 2012 at $30.68. In approximately 2 weeks, Scholastic has returned 11.46% as of today's recent price of $27.16.

Scholastic share prices have moved between a 52-week high of $40.17 and a 52-week low of $24.60 and are now trading 9% above that low price at $26.86 per share. The 200-day and 50-day moving averages have moved 0.21% lower and 1.17% lower over the past week, respectively.

Scholastic Corporation is a global children's publishing, education, and media company that produces and distributes educational materials for use in school and at home. The Company provides children's books, textbooks, magazines, technology-based products, teacher materials, television programming, videos, and toys. Scholastic operates throughout the world.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Scholastic.

Log in and add Scholastic (SCHL) 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 --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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