Teradata: The Trend Continues Down (TDC)
Jan 29, 2010 (SmarTrend(R) Spotlight via COMTEX) --
Company: Teradata Corp (TDC)
SmarTrend identified a Downtrend for Teradata (NYSE:TDC) on January 22, 2010 at $29.10. In approximately 1 week, Teradata has returned 3.2% as of today's recent price of $28.17.
Teradata is currently below its 50-day moving average of $30.30 and should find support at its 200-day moving average of $25.75. Look for these moving averages to decline to confirm the company's downward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Teradata.
Write to Chip Brian at cbrian@tradethetrend.com
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Company: Teradata Corp (TDC)
Related terms: market, nyse, securities
