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TMCNet:  BroadSoft Trading Higher Today on Above-Average Volume, Consistent With Trend (BSFT)

[February 04, 2013]

BroadSoft Trading Higher Today on Above-Average Volume, Consistent With Trend (BSFT)

Feb 04, 2013 (SmarTrend(R) News Watch via COMTEX) -- BroadSoft's stock is up 7.9% to $37.74 on heavy trading volume. Today's volume of 566,000 shares tops the average 30-day volume of 308,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend is tracking the current trend status for BroadSoft and will alert subscribers who have BSFT in their portfolio or watchlist when shares have changed trend direction.

BroadSoft share prices have moved between a 52-week high of $45.32 and a 52-week low of $20.13 and are now trading 87% above that low price at $37.74 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has slid 0.4%.

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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