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Meredith (MDP) Bullish Technical Alert - Trend Up 13.5%

Oct 14, 2009 (SmarTrend(R) Spotlight via COMTEX) --

Company: Meredith Corp. (MDP)

Meredith (NYSE:MDP) is trading 2% higher (up $0.61 to $31.26) today on volume of 95,910 shares. The stock is trading near its 52-week high of $33.17. We are watching for a close above that level.

Meredith is currently above its 50-day moving average of $28.49 and above its 200-day moving average of $22.92.

SmarTrend is bullish on shares of MDP and our subscribers received an Uptrend alert on July 20, 2009 at $27.55, which has returned 13.5% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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News Provided by COMTEX

Company: Meredith Corp. (MDP)


Related terms: market, nyse, securities

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