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Shares of EA Down 30.1% Since Downtrend Call on Shares

TMCNet:  Shares of EA Down 30.1% Since Downtrend Call on Shares

[July 20, 2012]

Shares of EA Down 30.1% Since Downtrend Call on Shares

Jul 20, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Electronic Arts (NASDAQ:EA) on February 10th, 2012 at $17.12. In approximately 5 months, Electronic Arts has returned 30.09% as of today's recent price of $11.97.

Over the past year, Electronic Arts has traded in a range of $11.28 to $26.13 and is now at $11.96, 6% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.1% while the 200-day MA has slid 1%.

Electronic Arts Inc. develops, publishes, and distributes branded interactive entertainment software worldwide for video game consoles, personal computers, handheld game players, and cellular handsets. The Company also provides online game-related services.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Electronic Arts.

Log in and add Electronic Arts (EA) 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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