Uptrend Call Working As TeleNav Stock Rises 14.6% (TNAV)

Jan 16, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for TeleNav (NASDAQ:TNAV) on October 26th, 2012 at $7.01. In approximately 3 months, TeleNav has returned 14.63% as of today's recent price of $8.03.

Over the past year, TeleNav has traded in a range of $5.05 to $8.43 and is now at $8.03, 59% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.7%.

TeleNav Inc. provides location based solutions. The Company offers GPS solutions for mobile phones and smart phones.

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