Market Overview

Convergys Shares Sliding Lower, Down 2.6% (CVG)

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Convergys (NYSE: CVG) is one of today's notable stocks in decline, down 2.6% to $10.16. 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.

Convergys is in SmarTrend's Business Outsourced Services 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 fallen 1.14% while the 200-day MA has remained constant.

In the past 52 weeks, shares of Convergys have traded between a low of $9.52 and a high of $15.00 and are now at $10.16, which is 7% above that low price.

SmarTrend currently has shares of Convergys in an Downtrend and issued the Downtrend alert on July 28, 2011 at $12.72. The stock has fallen 18% since the Downtrend alert was issued.

Write to Chip Brian at cbrian@mysmartrend.com

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