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Downtrend Call Working As CA Inc Stock Falls 12.2% (CA)
Nov 09, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified a Downtrend for CA Inc (NASDAQ:CA) on October 4th, 2012 at $25.32. In approximately 1 month, CA Inc has returned 12.16% as of today's recent price of $22.24.
Over the past year, CA Inc has traded in a range of $19.54 to $28.00 and is now at $22.24, 14% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.7%.
CA, Inc. designs, develops, markets, licenses, and supports standardized computer software products. The Company's products are used with mainframe computers and in client/server environments. CA offers various enterprise systems management, information management, and business applications solutions to a variety of organizations.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of CA Inc.
Log in and add CA Inc (CA) 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 cbrian@mysmartrend.com
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