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TMCNet:  Alcatel-Lucent Down 5.0%, Shares Slide into the Red (ALU)

[February 21, 2013]

Alcatel-Lucent Down 5.0%, Shares Slide into the Red (ALU)

Feb 21, 2013 (SmarTrend(R) Spotlight via COMTEX) -- Alcatel-Lucent (NYSE:ALU) is one of today's worst performing low-priced stocks, down 5.0% to $1.44 on 1.1x average daily volume. Alcatel-Lucent has traded 18.1 million shares thus far today, vs. average volume of 17.2 million shares per day. The stock has underperformed the Dow (-5.0% to the Dow's -0.5%) and underperformed the S&P 500 (-5.0% to the S&P's -0.8%) during today's trading.

In the past 52 weeks, shares of Alcatel-Lucent have traded between a low of $0.91 and a high of $2.66 and are now at $1.44, which is 59% above that low price. The 200-day and 50-day moving averages have moved 0% lower and 0.97% higher over the past week, respectively.

There is potential upside of 10.1% for shares of Alcatel-Lucent based on a current price of $1.44 and an average consensus analyst price target of $1.59. Alcatel-Lucent shares should encounter resistance at the 50-day moving average (MA) of $1.53 and support at its 200-day MA of $1.32.

Alcatel-Lucent manufactures telecommunications equipment, and offers telecommunications services. The Company's telecommunications equipment and services enable its customers to send or receive virtually any type of voice or data transmission. Alcatel-Lucent designs and builds public and private networks, communications systems and software, and data networking systems.

SmarTrend recommended that subscribers consider buying shares of Alcatel-Lucent on December 14th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $1.24. Since that recommendation, shares of Alcatel-Lucent have risen 23.1%. We continue to monitor ALU 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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