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Pacer International Up 8.2%, Shares Break Through Resistance (PACR)Feb 07, 2013 (SmarTrend(R) Spotlight via COMTEX) -- Pacer International (NASDAQ:PACR) is one of today's best performing low-priced stocks, up 8.2% to $4.64 on 1.4x average daily volume. Pacer International has traded 306,000 shares thus far today, vs. average volume of 214,000 shares per day. The stock has outperformed the Dow (8.2% to the Dow's -0.7%) and outperformed the S&P 500 (8.2% to the S&P's -0.7%) during today's trading. In the past 52 weeks, Pacer International share prices have been bracketed by a low of $3.00 and a high of $7.04 and are now at $4.64, 55% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.8% while the 200-day MA has slid 0.9%. There is potential upside of 10.5% for shares of Pacer International based on a current price of $4.64 and an average consensus analyst price target of $5.12. The stock should find initial support at its 200-day moving average (MA) of $4.50 and further support at its 50-day MA of $3.83. 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. SmarTrend recommended that subscribers consider buying shares of Pacer International on December 18th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $3.84. Since that recommendation, shares of Pacer International have risen 11.7%. We continue to monitor PACR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. 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 |