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eResearchTechnology (ERES) Downgrade Alert, Watch for 19% Technical Uptrend Reversal

Nov 06, 2009 (SmarTrend(R) Spotlight via COMTEX) --

Company: eResearch Technology Inc. (ERES)

eResearchTechnology (NASDAQ:ERES) downgraded to Hold at Duncan-Williams. The stock closed yesterday at $7.35 on volume of 322,800 shares, below average daily volume of 324,684.

eResearchTechnology is currently above its 50-day moving average of $6.98 and above its 200-day moving average of $6.14.

SmarTrend is bullish on shares of ERES and our subscribers received an Uptrend alert on April 13, 2009 at $6.17, which has returned 19% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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News Provided by COMTEX

Company: eResearch Technology Inc. (ERES)


Related terms: market, nasdaq, securities

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