TMCnet News
Downtrend Call Working As Cbeyond Stock Falls 14.1% (CBEY)Nov 07, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Cbeyond (NASDAQ:CBEY) on October 19th, 2012 at $8.65. In approximately 3 weeks, Cbeyond has returned 14.10% as of today's recent price of $7.43. In the past 52 weeks, shares of Cbeyond have traded between a low of $5.61 and a high of $10.19 and are now at $7.43, which is 32% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.4% while the 200-day MA has remained constant. Cbeyond, Inc. offers telecommunications services to small businesses. The Company offers local and long distance telephone services, T-1 Internet access, and Internet-based applications. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Cbeyond. Log in and add Cbeyond (CBEY) 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 |