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Telecom Italia Shares Down 18.2% Since SmarTrend's Sell Call (TI)Feb 26, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Telecom Italia (NYSE:TI) on February 8th, 2013 at $8.87. In approximately 3 weeks, Telecom Italia has returned 18.22% as of today's recent price of $7.25. Over the past year, Telecom Italiahas traded in a range of $7.23 to $12.38 and are now at $7.25. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 0.9%. Telecom Italia S.p.A., through subsidiaries, offers fixed line and mobile telephone and data transmission services in Italy and abroad. The Company offers local and long-distance telephone, satellite communications, Internet access, and teleconferencing services. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Telecom Italia. Log in and add Telecom Italia (TI) 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 |