TMCNet:  Uptrend Call Working As Matrix Service Stock Rises 23.2% (MTRX)

[January 30, 2013]

Uptrend Call Working As Matrix Service Stock Rises 23.2% (MTRX)

Jan 30, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Matrix Service (NASDAQ:MTRX) on July 3rd, 2012 at $11.54. In approximately 7 months, Matrix Service has returned 23.19% as of today's recent price of $14.21.


Over the past year, Matrix Service has traded in a range of $7.34 to $15.06 and is now at $14.30, 95% above that low. The 200-day and 50-day moving averages have moved 0.19% higher and 1.88% higher over the past week, respectively.

Matrix Service Company provides specialized on-site maintenance and construction services for petroleum refining and storage facilities, as well as water storage facilities for the private industry sector. The Company's services include the maintenance, inspection, design, repair, and construction of aboveground storage tanks.

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