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TMCNet:  Radian Shares Up 31.4% Since SmarTrend's Buy Recommendation (RDN)

[January 02, 2013]

Radian Shares Up 31.4% Since SmarTrend's Buy Recommendation (RDN)

Jan 02, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Radian (NYSE:RDN) on December 11th, 2012 at $4.91. In approximately 3 weeks, Radian has returned 31.36% as of today's recent price of $6.45.

In the past 52 weeks, shares of Radian have traded between a low of $2.00 and a high of $6.52 and are now at $6.39, which is 220% above that low price. Over the past week, the 200-day moving average (MA) has gone up 1.0% while the 50-day MA has advanced 2.2%.

Radian Group Inc. provides financial guarantee insurance. The Company's products and services enable homebuyers to purchase homes more quickly and with smaller down payments, protect lenders against loan default, and lower the costs of mortgage origination and servicing. Radian also provides insurance and reinsurance to investors in corporate, municipal, and asset-backed securities.

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