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TMCNet:  EchoStar Has Returned 16.9% Since SmarTrend Recommendation (SATS)

[November 02, 2012]

EchoStar Has Returned 16.9% Since SmarTrend Recommendation (SATS)

Nov 02, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for EchoStar (NASDAQ:SATS) on July 9th, 2012 at $28.12. In approximately 4 months, EchoStar has returned 16.91% as of today's recent price of $32.87.

EchoStar share prices have moved between a 52-week high of $32.93 and a 52-week low of $20.10 and are now trading 64% above that low price at $32.87 per share. The 200-day and 50-day moving averages have moved 0.16% higher and 0.23% higher over the past week, respectively.

EchoStar Corporation manufactures broadcast satellite receivers and antennas, and offers commercial satellite services.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of EchoStar shares.Log in and add EchoStar (SATS) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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