TMCnet News

11.6% Return Seen to Date on SmarTrend NII Holdings Call (NIHD)
[December 04, 2012]

11.6% Return Seen to Date on SmarTrend NII Holdings Call (NIHD)


Dec 04, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for NII Holdings (NASDAQ:NIHD) on November 12th, 2012 at $5.93. In approximately 3 weeks, NII Holdings has returned 11.64% as of today's recent price of $5.24.



In the past 52 weeks, shares of NII Holdings have traded between a low of $4.75 and a high of $24.32 and are now at $5.11, which is 8% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 2.5% while the 50-day MA has declined 1.6%.

NII Holdings Inc., provides mobile communications for business customers in Latin America. The Company has operations in Argentina, Brazil, Chile, Mexico, and Peru, offering a fully integrated wireless communications tool with digital cellular service, text/numeric paging, wireless internet access, and Nextel DirectConnect, a digital two-way radio feature.


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

Log in and add NII Holdings (NIHD) 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 [email protected] --------------------------------------------------------------------------------------------- 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

[ Back To TMCnet.com's Homepage ]