|
K12 Shares Down 18.4% Since SmarTrend's Sell Call (LRN)
Nov 27, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified a Downtrend for K12 (NYSE:LRN) on September 26th, 2012 at $19.83. In approximately 2 months, K12 has returned 18.39% as of today's recent price of $16.18.
Over the past year, K12 has traded in a range of $15.83 to $28.83 and is now at $16.25, 3% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.4% while the 200-day MA has remained constant.
K12 Inc. is a technology-based education company. The Company offers proprietary curriculum, software and educational services created for online delivery to students in kindergarten through 12th grade, or K-12.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of K12.
Log in and add K12 (LRN) 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
[ Back To education 's Homepage ]
|