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TMCNet:  Downtrend Call Working As CSG Systems Stock Falls 12.9% (CSGS)

[November 26, 2012]

Downtrend Call Working As CSG Systems Stock Falls 12.9% (CSGS)

Nov 26, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for CSG Systems (NASDAQ:CSGS) on November 1st, 2012 at $20.47. In approximately 4 weeks, CSG Systems has returned 12.92% as of today's recent price of $17.83.

In the past 52 weeks, CSG Systems share prices have been bracketed by a low of $13.73 and a high of $23.33 and are now at $17.83, 30% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has remained constant.

CSG Systems International, Inc. provides customer care and billing solutions for cable television providers, direct broadcast satellite providers, on-line services markets, and telephony providers. The Company offers a suite of processing and related services, as well as software and professional services which automate customer care and billing functions.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of CSG Systems.

Log in and add CSG Systems (CSGS) 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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