|
Upgrade Alert for NASDAQ OMX (NDAQ)
Feb 01, 2013 (SmarTrend(R) Upgrades/Downgrades via COMTEX) --
NASDAQ OMX (NASDAQ:NDAQ) was upgraded from Market Perform to Outperform at Raymond James today. The stock closed yesterday at $28.32 on volume of 2.1 million shares, above average daily volume of 1.3 million. The NASDAQ OMX Group, Inc. is a global exchange group that delivers trading, exchange technology, securities listing, and public company services across multiple continents. The Exchange's offerings include trading across multiple asset classes, market data products, financial indexes, capital formation solutions, financial services and market technology products and services.
NASDAQ OMX (NASDAQ:NDAQ) has potential upside of 1.9% based on a current price of $28.32 and analysts' consensus price target of $28.86. NASDAQ OMX shares have support at the 50-day moving average (MA) of $25.42 and additional support at the 200-day MA of $23.72.
In the past 52 weeks, NASDAQ OMX share prices have been bracketed by a low of $21.03 and a high of $28.49 and closed yesterday at $28.32, 35% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.6% while the 200-day MA has risen 0.3%.
SmarTrend recommended that subscribers consider buying shares of NASDAQ OMX on July 3rd, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $22.82. Since that recommendation, shares of NASDAQ OMX have risen 24.1%. We continue to monitor NDAQ for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at cbrian@mysmartrend.com
---------------------------------------------------------------------------------------------
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
[ Back To SIP Trunking Home's Homepage ]
|
NEW Bring Your Own Device
(BYOD): HTML5 and Google's WebRTC are
transforming our industry: The disaggregation of the telecom industry has long
been talked about, while available solutions remain
vertically integrated in spite of a growing industry of
standards-based individual components...
NEW SSOA - SIP Service Oriented Architecture™:
Cloud and large enterprise communications
and collaboration infrastructure: This eBook introduces eZuce's SIP Service Oriented
Architecture (SSOA). SSOA is a 'carrier-class'
system that offers the demanding global enterprise
a modern built-for-the-cloud and highly
scalable...
NEW Benefits of Broadvox VAR Partner Program: We built our Partner Program to work for you. We understand that different
types of partners have different needs, and we don't play favorites. When
you partner with Broadvox, every member of our team stands behind you
and your customers 100%... 
What's New?
