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TMCNet:  Downgrade Alert for HSN (HSNI)

[February 22, 2013]

Downgrade Alert for HSN (HSNI)

Feb 22, 2013 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- HSN (NASDAQ:HSNI) was downgraded from Buy to Neutral at Sidoti today. The stock closed yesterday at $53.43 on volume of 1.1 million shares, above average daily volume of 244,000. HSN share prices have moved between a 52-week high of $60.87 and a 52-week low of $27.01 and closed yesterday at 98% above that low price at $53.43 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has risen 0.6%.

Potential upside of 16.0% exists for HSN, based on a current level of $53.43 and analysts' average consensus price target of $62.00. The stock should find resistance at its 50-day moving average (MA) of $57.26, as well as support at its 200-day MA of $47.91.

HSN, Inc. is a holding company. The Company, through its subsidiaries, owns, operates, and retails computers and electronics, fashion items, home and kitchen goods, jewelry, and health, beauty, and fitness products through its shows, which are broadcast via cable, satellite, and network television.

SmarTrend is monitoring the recent change of momentum in HSN. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of HSN in search of a potential trend change.

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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