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Stock to Watch: Pacer International Up 8.7% (PACR)
[December 04, 2012]

Stock to Watch: Pacer International Up 8.7% (PACR)

Dec 04, 2012 (SmarTrend(R) Spotlight via COMTEX) -- Pacer International (NASDAQ:PACR) is one of today's best performing low-priced stocks, up 8.7% to $3.62 on 1.3x average daily volume. Thus far today, Pacer International has traded 285,000 shares, vs. average volume of 224,000 shares per day. The stock has outperformed the Dow (8.7% to the Dow's -0.1%) and outperformed the S&P 500 (8.7% to the S&P's -0.2%) during today's trading.

Pacer International, Inc. provides transportation and logistics solutions. The Company offers a variety of transportation-related services, including trucking, intermodal marketing, logistics, and freight services. Pacer provides integrated services through a national network of sales agents, independent contractors, and railroad/drayage partnerships.

Pacer International has overhead space with shares priced $3.62, or 29.4% below the average consensus analyst price target of $5.12. The stock should run into initial resistance at its 50-day moving average (MA) of $3.68 and subsequent resistance at its 200-day MA of $4.96.

In the past 52 weeks, shares of Pacer International have traded between a low of $3.00 and a high of $7.04 and are now at $3.62, which is 21% above that low price. The 200-day and 50-day moving averages have moved 0.65% lower and 0.93% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Pacer International on July 23rd, 2012 by issuing a Downtrend alert when the shares were trading at $4.61. Since that call, shares of Pacer International have fallen 27.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

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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