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TMCNet:  Pegasystems Shares Down 26.1% Since SmarTrend's Sell Call (PEGA)

[November 22, 2012]

Pegasystems Shares Down 26.1% Since SmarTrend's Sell Call (PEGA)

Nov 22, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Pegasystems (NASDAQ:PEGA) on October 4th, 2012 at $26.77. In approximately 2 months, Pegasystems has returned 26.11% as of today's recent price of $19.78.

Pegasystems share prices have moved between a 52-week high of $39.97 and a 52-week low of $19.00 and are now trading 4% above that low price at $19.78 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.7%.

Pegasystems Inc. develops customer relationship management software. The software automates customer interactions across transaction-intensive enterprises. The Company provides its products to customers in the banking, mutual funds and securities, mortgage services, card services, insurance, healthcare management, and telecommunications industries.

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

Log in and add Pegasystems (PEGA) 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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