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TMCNet:  Hot Stock: Alcatel-Lucent, Shares Gain 14.5% (ALU)

[November 23, 2012]

Hot Stock: Alcatel-Lucent, Shares Gain 14.5% (ALU)

Nov 23, 2012 (SmarTrend(R) Spotlight via COMTEX) -- Alcatel-Lucent (NYSE:ALU) is one of today's best performing low-priced stocks, up 14.5% to $1.15 on 3.4x average daily volume. Alcatel-Lucent has traded 47.9 million shares thus far today, vs. average volume of 13.9 million shares per day. The stock has outperformed the Dow (14.5% to the Dow's 0.9%) and outperformed the S&P 500 (14.5% to the S&P's 0.9%) during today's trading.


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.

Alcatel-Lucent share prices have moved between a 52-week high of $2.66 and a 52-week low of $0.91 and are now trading 26% above that low price at $1.15 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 0.2%.

Alcatel-Lucent has overhead space with shares priced $1.15, or 3.1% below the average consensus analyst price target of $1.18. Alcatel-Lucent shares should encounter resistance at the 200-day moving average (MA) of $1.57 and support at the 50-day MA of $1.09.

SmarTrend recommended that its subscribers protect gains by selling shares of Alcatel-Lucent on April 10th, 2012 by issuing a Downtrend alert when the shares were trading at $2.04. Since that call, shares of Alcatel-Lucent have fallen 50.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

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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