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TMCNet:  Pegasystems Has Returned 21.8% Since SmarTrend Recommendation (PEGA)

[November 29, 2012]

Pegasystems Has Returned 21.8% Since SmarTrend Recommendation (PEGA)

Nov 29, 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 21.82% as of today's recent price of $20.93.

In the past 52 weeks, shares of Pegasystems have traded between a low of $19.00 and a high of $39.97 and are now at $20.93, which is 10% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.7% while the 200-day MA has remained constant.

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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