Friday, June 24, 2011

Stock Market Research - Zacks Investment Research

Jun 23, 2011 (SmarTrend(R) Market Surveillance via COMTEX) -- Yahoo! (NASDAQ:YHOO - Analyst Report) is one of today's notable stocks in decline, down 2.3% to $14.88. The S&P is currently trading 1.3% lower to 1,270 and the Dow Jones Industrial Average is trading 1.4% lower to 11,942.

Yahoo! is in SmarTrend's Internet Information Providers industry and this industry is currently in a Downtrend according to our research. We are monitoring many other stocks on the move within this industry.

In the last five trading sessions, the 50-day MA has fallen 0.58% while the 200-day MA has risen 0.15%.

In the past 52 weeks, shares of Yahoo! have traded between a low of $12.94 and a high of $18.84 and are now at $14.88, which is 15% above that low price.

SmarTrend currently has shares of Yahoo! in an Downtrend and issued the Downtrend alert on May 13, 2011 at $16.40. The stock has fallen 7.1% since the Downtrend alert was issued.

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Source: http://www.zacks.com

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