TMCNet:  Shares of CVC Down 13.7% Since Downtrend Call on Shares

[December 11, 2012]

Shares of CVC Down 13.7% Since Downtrend Call on Shares

Dec 11, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Cablevision Systems (NYSE:CVC) on November 5th, 2012 at $16.54. In approximately 1 month, Cablevision Systems has returned 13.72% as of today's recent price of $14.27.


In the past 52 weeks, shares of Cablevision Systems have traded between a low of $10.76 and a high of $18.86 and are now at $14.28, which is 33% above that low price. The 200-day and 50-day moving averages have moved 0.09% lower and 1.07% lower over the past week, respectively.

Cablevision Systems Corporation provides telecommunications and entertainment services. The Company has operations in multimedia delivery, subscription cable television services, championship professional sports teams, and national television program networks.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Cablevision Systems.

Log in and add Cablevision Systems (CVC) 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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