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TMCNet:  Upgrade Alert for Compuware (CPWR)

[January 29, 2013]

Upgrade Alert for Compuware (CPWR)

Jan 29, 2013 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- Compuware (NASDAQ:CPWR) was upgraded from Hold to Buy at Noble Financial today. The stock closed yesterday at $11.69 on volume of 4.5 million shares, above average daily volume of 3.0 million. Compuware Corporation provides software products and information technology(IT) solutions. The Company offers a set of integrated solutions for enterprise IT including IT portfolio management, application development, quality assurance and IT service management.

Compuware share prices have moved between a 52-week high of $11.80 and a 52-week low of $7.50 and closed yesterday at 56% above that low price at $11.69 per share. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.6%.

Compuware (NASDAQ:CPWR) defies analysts with a current price ($11.69) 1.6% above its average consensus price target of $11.50. The stock should discover initial support at its 50-day moving average (MA) of $10.12 and subsequent support at its 200-day MA of $9.43.

SmarTrend recommended that subscribers consider buying shares of Compuware on December 17th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $10.34. Since that recommendation, shares of Compuware have risen 13.1%. We continue to monitor CPWR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

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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