TMCNet:  Downtrend Call Working As Zagg Stock Falls 25.1% (ZAGG)

[June 07, 2013]

Downtrend Call Working As Zagg Stock Falls 25.1% (ZAGG)

Jun 07, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Zagg (NASDAQ:ZAGG) on April 18th, 2013 at $6.81. In approximately 2 months, Zagg has returned 25.06% as of today's recent price of $5.10.

Over the past year, Zagg has traded in a range of $4.75 to $17.10 and is now at $5.10, 7% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 3.3%.

Zagg Incorporated designs, manufactures and distribute branded protective coverings, audio accessories and power solutions for consumer electronic and hand-held devices.

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



Log in and add Zagg (ZAGG) 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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