Market Overview

Sellers Distribute Shares of CommVault Systems, Down 2.8% (CVLT)

Share:
(via COMTEX News Network)--

CommVault Systems (NASDAQ: CVLT) is one of today's notable stocks in decline, down 2.8% to $39.96. The S&P is currently trading 0.8% lower to 1,194 and the Dow Jones Industrial Average is trading 0.6% lower to 11,408.

CommVault Systems is in SmarTrend's Application Software industry and this industry is currently in a Downtrend according to our research. We are monitoring many other stocks on the move within this industry.

In the last five trading sessions, the 50-day MA has remained constant while the 200-day MA has risen 0.5%.

In the past 52 weeks, shares of CommVault Systems have traded between a low of $18.78 and a high of $47.56 and are now at $39.96, which is 113% above that low price.

SmarTrend currently has shares of CommVault Systems in an Downtrend and issued the Downtrend alert on July 21, 2011 at $41.93. The stock has fallen 2% since the Downtrend alert was issued.

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

View Comments and Join the Discussion!