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15.3% Return Seen to Date on SmarTrend SLM Call (SLM)
[December 21, 2012]

15.3% Return Seen to Date on SmarTrend SLM Call (SLM)


Dec 21, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for SLM (NYSE:SLM) on June 7th, 2012 at $14.59. In approximately 7 months, SLM has returned 15.28% as of today's recent price of $16.82.

In the past 52 weeks, shares of SLM have traded between a low of $12.85 and a high of $17.99 and are now at $16.82, which is 31% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.7%.



SLM Corporation, commonly known as Sallie Mae, provides education funding, originating and servicing of U.S. government guaranteed and private student loans. The Company, throught is subsidiaries also provides debt management services as well as business and technical products to a range of clients, including colleges, universities and loan guarantors.

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

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