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20.7% Return Seen to Date on SmarTrend Nelnet Call (NNI)
[December 06, 2012]

20.7% Return Seen to Date on SmarTrend Nelnet Call (NNI)

Dec 06, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Nelnet (NYSE:NNI) on July 2nd, 2012 at $23.57. In approximately 5 months, Nelnet has returned 20.69% as of today's recent price of $28.44.

Over the past year, Nelnet has traded in a range of $21.49 to $29.24 and is now at $28.44, 32% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.9%.

Nelnet, Inc. is a consumer finance company that provides products and services to participants in the education finance process. The Company originates, holds, and services education loans and offers a broad range of financial services and technology-based products, including student loan origination and lending, student loan, and guarantee services.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Nelnet shares.Log in and add Nelnet (NNI) 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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