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TMCNet: 37.7% Return Seen to Date on SmarTrend Nelnet Call (NNI)

[February 26, 2013]

37.7% Return Seen to Date on SmarTrend Nelnet Call (NNI)

Feb 26, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Nelnet (NYSE:NNI) on July 2nd, 2012 at $23.57. In approximately 8 months, Nelnet has returned 37.75% as of today's recent price of $32.46.

In the past 52 weeks, Nelnet share prices have been bracketed by a low of $21.49 and a high of $33.50 and are now at $32.46, 51% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.7%.


Nelnet, Inc. is a consumer finance company that provides products and services to participants in the education finance process. The Company originates, holds, and services education loans and offers a broad range of financial services and technology-based products, including student loan origination and lending, student loan, and guarantee services.

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