Daily Stock Setups

Ebix (EBIX) Bullish Technical Alert - Trend Up 23.1%

Posted on: Thu, 22 Oct 2009 14:39:00 EDT

Symbols: EBIX

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Oct 22, 2009 (SmarTrend(R) Spotlight via COMTEX) --
EBIX | Quote | Chart | News | PowerRating -- Ebix (NASDAQ:EBIX) is trading 3.1% higher (up $1.97 to $64.91) today on volume of 90,773 shares. The stock is trading near its 52-week high of $65.32. We are watching for a close above that level.

Ebix is currently above its 50-day moving average of $49.96 and above its 200-day moving average of $33.09.

SmarTrend is bullish on shares of EBIX and our subscribers received an Uptrend alert on September 29, 2009 at $52.75, which has returned 23.1% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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For full details on Ebix Inc (EBIX) EBIX. Ebix Inc (EBIX) has Short Term PowerRatings at TradingMarkets. Details on Ebix Inc (EBIX) Short Term PowerRatings is available at This Link.

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