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Uptrend Call Working As eBay Stock Rises 21.1% (EBAY)
Jan 11, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for eBay (NASDAQ:EBAY) on July 19th, 2012 at $43.85. In approximately 6 months, eBay has returned 21.12% as of today's recent price of $53.11.
In the past 52 weeks, shares of eBay have traded between a low of $26.86 and a high of $54.20 and are now at $53.24, which is 98% above that low price. The 200-day and 50-day moving averages have moved 0.70% higher and 0.61% higher over the past week, respectively.
eBay Inc. operats an online trading community. The Company's service is used by buyers and sellers for the exchange of products and services such as coins, collectibles, computers, memorabilia, stamps, and toys, as well as concert and sporting tickets. Ebay also offers, through a subsidiary, secure online payment services.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of eBay shares.Log in and add eBay (EBAY) 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
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