Market Overview

SmarTrend Vindicated on Princeton Review Downtrend Call: Stock Price Down 55.7% (REVU)

(via COMTEX News Network)--

SmarTrend identified a Downtrend for Princeton Review (NASDAQ: REVU) on March 02, 2011 at $0.92. In approximately 4 weeks, Princeton Review has returned 55.7% as of today's recent price of $0.41.

In the past 52 weeks, shares of Princeton Review have traded between a low of $0.30 and a high of $4.00 and are now at $0.41, which is 35% above that low price.

Princeton Review is currently below its 50-day moving average of $0.86 and below its 200-day moving average of $1.55. Look for these moving averages to decline to confirm the company's downward momentum.

In the last five trading sessions, the 50-day MA has fallen 5.51% while the 200-day MA has slid 1.99%.

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

Write to Chip Brian at cbrian@mysmartrend.com

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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

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