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Philips Electronic Has Returned 37.5% Since SmarTrend Recommendation (PHG)

TMCNet:  Philips Electronic Has Returned 37.5% Since SmarTrend Recommendation (PHG)

[January 01, 2013]

Philips Electronic Has Returned 37.5% Since SmarTrend Recommendation (PHG)

Jan 01, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Philips Electronic (NYSE:PHG) on June 20th, 2012 at $19.30. In approximately 7 months, Philips Electronic has returned 37.55% as of today's recent price of $26.54.

Philips Electronic share prices have moved between a 52-week high of $26.84 and a 52-week low of $17.16 and are now trading 55% above that low price at $26.54 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.5%.

Koninklijke (Royal) Philips Electronics N.V. manufactures medical systems, domestic appliances, consumer electronics, and lighting. The Company produces imaging, ultrasound and healthcare informatics equipment, shaving and beauty and health and wellness products, displays, and peripherals, and lamps and luminaries.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Philips Electronic shares.Log in and add Philips Electronic (PHG) 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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