TMCNet:  Uptrend Call Working As Nelnet Stock Rises 29.2% (NNI)

[January 04, 2013]

Uptrend Call Working As Nelnet Stock Rises 29.2% (NNI)

Jan 04, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Nelnet (NYSE:NNI) on July 2nd, 2012 at $23.57. In approximately 6 months, Nelnet has returned 29.22% as of today's recent price of $30.45.

In the past 52 weeks, Nelnet share prices have been bracketed by a low of $21.49 and a high of $30.73 and are now at $30.45, 42% above that low price. The 200-day and 50-day moving averages have moved 0.20% higher and 1.14% higher over the past week, respectively.

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 --------------------------------------------------------------------------------------------- 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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