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TMCNet:  Elster Group Shares Up 34.2% Since SmarTrend's Buy Recommendation (ELT)

[January 31, 2013]

Elster Group Shares Up 34.2% Since SmarTrend's Buy Recommendation (ELT)

Jan 31, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Elster Group (NYSE:ELT) on June 13th, 2012 at $15.31. In approximately 8 months, Elster Group has returned 34.16% as of today's recent price of $20.54.
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Over the past year, Elster Group has traded in a range of $13.05 to $20.55 and is now at $20.54, 57% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Elster Group SE provides gas, electricity and water meters and related communications, networking and software solutions. The Company's products and solutions are used to measure gas, electricity and water consumption as well as enable energy efficiency and conservation.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Elster Group shares.Log in and add Elster Group (ELT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.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.MySmarTrend.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.MySmarTrend.com/signup

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