[May 22, 2013] After Yesterday's Decline of 1.51%, Emerson Electric Offers Investors Better Value Tweet May 22, 2013 (SmarTrend(R) News Watch via COMTEX) -- Emerson Electric (NYSE:EMR) traded in a range yesterday that spanned from a low of $57.63 to a high of $58.95. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $58.17 on volume of 4.7 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion. In the past 52 weeks, shares of Emerson Electric have traded between a low of $43.59 and a high of $60.08 and are now at $57.89, which is 33% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.2%. SmarTrend recommended that subscribers consider buying shares of Emerson Electric on May 3rd, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $56.70. Since that recommendation, shares of Emerson Electric have risen 3.7%. We continue to monitor EMR 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 ]