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TMCNet: Uptrend Call Working As Barclays Stock Rises 77.2% (BCS)

[February 15, 2013]

Uptrend Call Working As Barclays Stock Rises 77.2% (BCS)

Feb 15, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Barclays (NYSE:BCS) on August 9th, 2012 at $11.21. In approximately 6 months, Barclays has returned 77.16% as of today's recent price of $19.86.

In the past 52 weeks, shares of Barclays have traded between a low of $9.23 and a high of $20.60 and are now at $19.85, which is 115% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 1.9%.
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Barclays PLC offers commercial and investment banking, insurance, financial, asset management and related services. The Company's subsidiary, Barclays Bank plc, operates over 2,000 branches in the United Kingdom and around 900 branches overseas. In all, Barclays Bank operates branches in over 60 countries.

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