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Stock to Watch: RadioShack Up 9.5% (RSH)
[January 28, 2013]

Stock to Watch: RadioShack Up 9.5% (RSH)

Jan 28, 2013 (SmarTrend(R) Spotlight via COMTEX) -- RadioShack (NYSE:RSH) is one of today's best performing low-priced stocks, up 9.5% to $2.89 on 1.9x average daily volume. Thus far today, RadioShack has traded 5.7 million shares, vs. average volume of 2.9 million shares per day. The stock has outperformed the Dow (9.5% to the Dow's -0.0%) and outperformed the S&P 500 (9.5% to the S&P's -0.1%) during today's trading.

RadioShack (NYSE:RSH) is currently priced 22.7% above its average consensus analyst price target of $2.23. RadioShack shares should encounter resistance at the 200-day moving average (MA) of $3.23 and support at the 50-day MA of $2.15.

In the past 52 weeks, RadioShack share prices have been bracketed by a low of $1.90 and a high of $10.34 and are now at $2.89, 52% above that low price. Over the past week, the 200-day moving average (MA) has gone down 2.3% while the 50-day MA has advanced 1.0%.

RadioShack Corporation operates a chain of retail consumer electronics goods and services stores located throughout the United States, as well as in Puerto Rico and the U.S. Virgin Islands. The Company markets electronic parts and accessories, cellular, PCS and conventional telephones, computers, scanners, software, and related products and accessories.

SmarTrend is monitoring the recent change of momentum in RadioShack. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of RadioShack in search of a potential trend change.

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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