TMCnet News
Downtrend Call Working As Cott Stock Falls 16.2% (COT)Jun 27, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Cott (NYSE:COT) on May 2nd, 2013 at $9.27. In approximately 2 months, Cott has returned 16.24% as of today's recent price of $7.76. In the past 52 weeks, shares of Cott have traded between a low of $7.24 and a high of $11.25 and are now at $7.76, which is 7% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.8%. Cott Corporation produces and distributes a variety of premium beverages. The Company's beverages include soft drinks, new age beverages, iced teas, juice drinks, sports drinks, and bottled water. Cott operates manufacturing facilities in Canada, the United States, the United Kingdom. The Company markets its beverages to retailers worldwide. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Cott. Log in and add Cott (COT) 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 [email protected] --------------------------------------------------------------------------------------------- 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 |