TMCNet:  Shares of CVC Down 16.2% Since Downtrend Call on Shares

[November 27, 2012]

Shares of CVC Down 16.2% Since Downtrend Call on Shares

Nov 27, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Cablevision Systems (NYSE:CVC) on November 5th, 2012 at $16.54. In approximately 3 weeks, Cablevision Systems has returned 16.20% as of today's recent price of $13.86.

In the past 52 weeks, Cablevision Systems share prices have been bracketed by a low of $10.76 and a high of $18.86 and are now at $13.87, 29% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.5%.

Cablevision Systems Corporation provides telecommunications and entertainment services. The Company has operations in multimedia delivery, subscription cable television services, championship professional sports teams, and national television program networks.

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

Log in and add Cablevision Systems (CVC) 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 --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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