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Downtrend Call Working As Seagate Technology Stock Falls 9.9% (STX)
[December 07, 2012]

Downtrend Call Working As Seagate Technology Stock Falls 9.9% (STX)

Dec 07, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Seagate Technology (NASDAQ:STX) on September 6th, 2012 at $31.47. In approximately 3 months, Seagate Technology has returned 9.93% as of today's recent price of $28.34.

Seagate Technology share prices have moved between a 52-week high of $35.71 and a 52-week low of $15.00 and are now trading 89% above that low price at $28.33 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.3% while the 200-day MA has risen 0.5%.

Seagate Technology designs, manufactures, and markets rigid disc drives for enterprise, personal computer, and consumer electronics applications.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Seagate Technology.

Log in and add Seagate Technology (STX) 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 --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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