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TMCNet: 98.6% Return Seen to Date on SmarTrend ACCO Brands Call (ABD)

[April 11, 2012]

98.6% Return Seen to Date on SmarTrend ACCO Brands Call (ABD)

Apr 11, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for ACCO Brands (NYSE:ABD) on October 24th, 2011 at $5.75. In approximately 6 months, ACCO Brands has returned 98.61% as of today's recent price of $11.42.

In the past 52 weeks, shares of ACCO Brands have traded between a low of $4.33 and a high of $13.25 and are now at $11.42, which is 164% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.6%.

Acco Brands Corporation manufactures office products. The Company produces staplers, daily scheduling diaries, shredders, laminating equipment, and presentation boards.

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