Travelers (TRV) Upgrade Alert, Watch for 20.7% Technical Uptrend Continuation

Posted on: Fri, 06 Nov 2009 11:26:00 EST


Symbols: TRV
Nov 06, 2009 (SmarTrend(R) Spotlight via COMTEX) --
TRV | Quote | Chart | News | PowerRating -- Travelers (NYSE:TRV) upgraded to Buy from Neutral at Goldman Sachs. The stock closed yesterday at $50.64 on volume of 4,025,000 shares, below average daily volume of 5,022,457.

Travelers is currently above its 50-day moving average of $49.18 and above its 200-day moving average of $42.97.

SmarTrend is bullish on shares of TRV and our subscribers received an Uptrend alert on July 23, 2009 at $41.96, which has returned 20.7% to date.

Write to Chip Brian at cbrian@tradethetrend.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.TradeTheTrend.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.TradeTheTrend.com/signup.html

For full details on The Travelers Companies, Inc. (TRV) TRV. The Travelers Companies, Inc. (TRV) has Short Term PowerRatings at TradingMarkets. Details on The Travelers Companies, Inc. (TRV) Short Term PowerRatings is available at This Link.

UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
* Attendance is strictly limited and are filled on a first-come, first-served basis.