TMCnet News
Stock to Watch: Career Education Up 6.1% (CECO)Feb 07, 2013 (SmarTrend(R) Spotlight via COMTEX) -- Career Education (NASDAQ:CECO) is one of today's best performing low-priced stocks, up 6.1% to $3.65 on 1.1x average daily volume. Career Education has traded 702,000 shares thus far today, vs. average volume of 622,000 shares per day. The stock has outperformed the Dow (6.1% to the Dow's -0.8%) and outperformed the S&P 500 (6.1% to the S&P's -0.6%) during today's trading. Over the past year, Career Education has traded in a range of $2.51 to $12.41 and is now at $3.65, 45% above that low. The 200-day and 50-day moving averages have moved 1.19% lower and 1.22% higher over the past week, respectively. Career Education (NASDAQ:CECO) defies analysts with a current price ($3.65) 2.7% above its average consensus price target of $3.55. Career Education shares should encounter resistance at the 200-day moving average (MA) of $4.43 and support at the 50-day MA of $3.30. Career Education Corporation provides private, for-profit postsecondary education in the United States and Canada. The Company's schools offer a variety of bachelor's degree, associate degree, and non-degree programs, with a core curricula of information technologies, visual communication and design technologies, business studies, and culinary arts. SmarTrend is tracking the current trend status for Career Education and will alert subscribers who have CECO in their portfolio or watchlist when shares have changed trend direction. 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 |