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TMCNet:  20.7% Return Seen to Date on SmarTrend Nelnet Call (NNI)

[December 06, 2012]

20.7% Return Seen to Date on SmarTrend Nelnet Call (NNI)

Dec 06, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Nelnet (NYSE:NNI) on July 2nd, 2012 at $23.57. In approximately 5 months, Nelnet has returned 20.69% as of today's recent price of $28.44.

Over the past year, Nelnet has traded in a range of $21.49 to $29.24 and is now at $28.44, 32% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.9%.

Nelnet, Inc. is a consumer finance company that provides products and services to participants in the education finance process. The Company originates, holds, and services education loans and offers a broad range of financial services and technology-based products, including student loan origination and lending, student loan, and guarantee services.


SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Nelnet shares.Log in and add Nelnet (NNI) 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 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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