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TMCNet:  Research In Motion Up 1.3% Since SmarTrend Uptrend Call (RIMM)

[November 07, 2012]

Research In Motion Up 1.3% Since SmarTrend Uptrend Call (RIMM)

Nov 07, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Research In Motion (NASDAQ:RIMM) on October 2nd, 2012 at $8.14. In approximately 1 month, Research In Motion has returned 1.29% as of today's recent price of $8.24.

In the past 52 weeks, shares of Research In Motion have traded between a low of $6.22 and a high of $45.91 and are now at $8.24, which is 32% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has slid 1.2%.

Research In Motion Limited (RIM) designs, manufactures, and markets wireless solutions for the worldwide mobile communications market. The Company provides platforms and solutions for access to email, phone, SMS messaging, Internet, and Intranet-based applications.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Research In Motion shares.Log in and add Research In Motion (RIMM) 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 --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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