NCR Corporation (NCR) Downgrade Alert, Watch for 60.7% Technical Uptrend Reversal
Oct 08, 2009 (SmarTrend(R) Spotlight via COMTEX) --
Company: NCR Corp. (NCR)
NCR Corporation (NYSE:NCR) downgraded to Hold at KeyBanc. The stock closed yesterday at $13.53 on volume of 1,203,200 shares, below average daily volume of 1,926,848.
NCR is currently above its 200-day moving average of $11.54 and should find resistance at its 50-day moving average of $13.63.
SmarTrend is bullish on shares of NCR and our subscribers received an Uptrend alert on March 17, 2009 at $8.42, which has returned 60.7% to date.
Write to Chip Brian at cbrian@tradethetrend.com
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Company: NCR Corp. (NCR)
Related terms: market, nyse, securities
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