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Shares of VIA Up 13.5% Since Uptrend Call on Shares

TMCNet:  Shares of VIA Up 13.5% Since Uptrend Call on Shares

[January 04, 2013]

Shares of VIA Up 13.5% Since Uptrend Call on Shares

Jan 04, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Viacom (NYSE:VIA) on November 27th, 2012 at $51.22. In approximately 1 month, Viacom has returned 13.50% as of today's recent price of $58.13.

In the past 52 weeks, Viacom share prices have been bracketed by a low of $47.02 and a high of $58.59 and are now at $58.13, 24% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Viacom Inc. produces media entertainment content. The Company creates and acquires programming for television, the Internet, mobile devices, video games, and other consumer electronics products. Viacom also produces, finances, and distributes motion pictures to movie theaters and on DVDs, television, digital and other platforms internationally.

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