TMCnet News
Downtrend Call Working As Sara Lee Stock Falls 10.7% (SLE)Dec 03, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Sara Lee (NYSE:SLE) on May 23rd, 2012 at $20.71. In approximately 6 months, Sara Lee has returned 10.67% as of today's recent price of $18.50. Sara Lee share prices have moved between a 52-week high of $22.35 and a 52-week low of $17.97 and are now trading 3% above that low price at $18.50 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant. Sara Lee Corporation manufactures and markets brand-name products for consumers throughout the world. The Company is focused primarily on the meats, baking, beverage and household products categories. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Sara Lee. Log in and add Sara Lee (SLE) 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 |