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Downtrend Call Working As Seagate Technology Stock Falls 9.9% (STX)
[December 07, 2012]

Downtrend Call Working As Seagate Technology Stock Falls 9.9% (STX)

Dec 07, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Seagate Technology (NASDAQ:STX) on September 6th, 2012 at $31.47. In approximately 3 months, Seagate Technology has returned 9.93% as of today's recent price of $28.34.

Seagate Technology share prices have moved between a 52-week high of $35.71 and a 52-week low of $15.00 and are now trading 89% above that low price at $28.33 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.3% while the 200-day MA has risen 0.5%.

Seagate Technology designs, manufactures, and markets rigid disc drives for enterprise, personal computer, and consumer electronics applications.


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

Log in and add Seagate Technology (STX) 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 cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- 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

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