[May 20, 2013] Next Support Level for Symantec (SYMC) is $24.01 Tweet May 20, 2013 (SmarTrend(R) News Watch via COMTEX) -- Symantec (NASDAQ:SYMC) has opened bearishly below the pivot of $24.33 today and has reached the first level of support at $24.15. Analysts will be watching for a cross of the next downside pivot targets of $24.01 and $23.69. In the past 52 weeks, Symantec share prices have been bracketed by a low of $13.06 and a high of $25.26 and are now at $24.29, 86% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 1.2%. Symantec (NASDAQ:SYMC) has potential upside of 8.7% based on a current price of $24.29 and analysts' consensus price target of $26.39. The stock should find resistance at its 50-day moving average (MA) of $24.39, as well as support at its 200-day MA of $20.52. SmarTrend recommended that subscribers consider buying shares of Symantec on January 2nd, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $19.30. Since that recommendation, shares of Symantec have risen 25.9%. We continue to monitor SYMC 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 [ Back To TMCnet.com's Homepage ]