SmarTrend identified an Uptrend for RealNetworks (NASDAQ: RNWK | Quote | Chart | News | PowerRating) on December 09, 2009 at $4.01. In approximately 2 months, RealNetworks has returned 6.5% as of today's recent price of $4.27.
RealNetworks is currently above its 50-day moving average of $3.87 and above its 200-day moving average of $3.32. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of RealNetworks shares.
Write to Chip Brian at cbrian@tradethetrend.com
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For full details on Realnetworks Inc (RNWK) RNWK. Realnetworks Inc (RNWK) has Short Term PowerRatings at TradingMarkets. Details on Realnetworks Inc (RNWK) Short Term PowerRatings is available at This Link.
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