Insurance Technology Industry News

TMCNet:  12.0% Return Seen to Date on SmarTrend Phoenix Call (PNX)

[January 14, 2013]

12.0% Return Seen to Date on SmarTrend Phoenix Call (PNX)

Jan 14, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Phoenix (NYSE:PNX) on December 21st, 2012 at $24.94. In approximately 3 weeks, Phoenix has returned 12.03% as of today's recent price of $27.94.

In the past 52 weeks, shares of Phoenix have traded between a low of $20.51 and a high of $53.80 and are now at $27.94, which is 36% above that low price. The 200-day and 50-day moving averages have moved 1.39% lower and 0.98% lower over the past week, respectively.

Dating to 1851, The Phoenix Companies, Inc. provides financial solutions using life insurance and annuities.

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