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Posted on 04/05/10 at 10:30am by Chip Brian
SmarTrend identified a Downtrend for Lender Processing Services (NYSE: LPS) on March 31, 2010 at $38.26. In approximately 1 week, Lender Processing Services has returned 4% as of today’s recent price of $36.72.
Lender Processing Services is currently below its 50-day moving average of $39.59 and below its 200-day moving average of $37.52. Look for these moving averages to decline to confirm the company’s downward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Lender Processing Services.
Write to Chip Brian at cbrian@tradethetrend.com
[…] Downtrend Spotted in Shares of Lender Processing Services (LPS) […]
LPS & MERS were a sure bet on investment until the American people finally work up, thanks to blogs like this. LPS, MERS & DOXs are “baby bubble’s” created by the same thieves that fleeced the American economy. LPS, and its affiliate DOX’s along with MERS have RICO violations, criminal offenses all over them,each and every executive and employee of these companies , including “designated” officers from banks and mortgage servicer should be arrested by the FBI and the Department of Justice.
Can anyone smell the Crash and Burn……………….
Another Too Big To Fail ?