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Pacer International Up 8.2%, Shares Break Through Resistance (PACR)
[February 07, 2013]

Pacer International Up 8.2%, Shares Break Through Resistance (PACR)

Feb 07, 2013 (SmarTrend(R) Spotlight via COMTEX) -- Pacer International (NASDAQ:PACR) is one of today's best performing low-priced stocks, up 8.2% to $4.64 on 1.4x average daily volume. Pacer International has traded 306,000 shares thus far today, vs. average volume of 214,000 shares per day. The stock has outperformed the Dow (8.2% to the Dow's -0.7%) and outperformed the S&P 500 (8.2% to the S&P's -0.7%) during today's trading.

In the past 52 weeks, Pacer International share prices have been bracketed by a low of $3.00 and a high of $7.04 and are now at $4.64, 55% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.8% while the 200-day MA has slid 0.9%.

There is potential upside of 10.5% for shares of Pacer International based on a current price of $4.64 and an average consensus analyst price target of $5.12. The stock should find initial support at its 200-day moving average (MA) of $4.50 and further support at its 50-day MA of $3.83.

Pacer International, Inc. provides transportation and logistics solutions. The Company offers a variety of transportation-related services, including trucking, intermodal marketing, logistics, and freight services. Pacer provides integrated services through a national network of sales agents, independent contractors, and railroad/drayage partnerships.

SmarTrend recommended that subscribers consider buying shares of Pacer International on December 18th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $3.84. Since that recommendation, shares of Pacer International have risen 11.7%. We continue to monitor PACR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

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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