[April 29, 2013] Downtrend Call Working As TeleNav Stock Falls 27.7% (TNAV) Tweet Apr 29, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for TeleNav (NASDAQ:TNAV) on February 11th, 2013 at $7.15. In approximately 3 months, TeleNav has returned 27.69% as of today's recent price of $5.17. In the past 52 weeks, shares of TeleNav have traded between a low of $5.05 and a high of $8.43 and are now at $5.17, which is 2% above that low price. The 200-day and 50-day moving averages have moved 0.02% lower and 1.98% lower over the past week, respectively. TeleNav Inc. provides location based solutions. The Company offers GPS solutions for mobile phones and smart phones. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of TeleNav. Log in and add TeleNav (TNAV) 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 [ Back To TMCnet.com's Homepage ]