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Energizer (ENR) Upgrade Alert, Watch for 6.9% Technical Downtrend Reversal

Nov 09, 2009 (SmarTrend(R) Spotlight via COMTEX) --

Company: Energizer Holdings, Inc. (ENR)

Energizer (NYSE:ENR) upgraded to Overweight from Equal Weight at Morgan Stanley. The stock closed Friday at $56.98 on volume of 1,279,571 shares, above average daily volume of 749,337.

Energizer is currently below its 50-day moving average of $64.00 and should find support at its 200-day moving average of $55.98.

SmarTrend is bearish on shares of ENR and our subscribers received a Downtrend alert on October 29, 2009 at $61.24, which has returned 6.9% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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News Provided by COMTEX

Company: Energizer Holdings, Inc. (ENR)


Related terms: market, nyse, securities

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