Philips Electronic stock prices prediction july 2011

Philips Electronic stock prices prediction july 2011 ; SmarTrend identified a Downtrend for Philips Electronic (NYSE:PHG) on March 16, 2011 at $30.30. In approximately 4 months, Philips Electronic has returned 16.1% as of today's recent price of $25.41

In the past 52 weeks, shares of Philips Electronic have traded between a low of $22.60 and a high of $34.27 and are now at $25.41, which is 12% above that low price.


Philips Electronic is currently below its 50-day moving average of $27.02 and below its 200-day moving average of $30.15. Look for these moving averages to decline to confirm the company's downward momentum.

In the last five trading sessions, the 50-day MA has fallen 0.89% while the 200-day MA has slid 0.26%. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Philips Electronic.

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