Oct 25, 2012 (SmarTrend(R) Spotlight via COMTEX) --
A123 Systems (NASDAQ:AONE) is one of today's best performing penny stocks, up 31.7% to $0.14 on 1.2x average daily volume. Thus far today, A123 Systems has traded 33.5 million shares, vs. average volume of 28.0 million shares per day. The stock has outperformed the Dow (29.3% to the Dow's -0.1%) and outperformed the S&P 500 (29.3% to the S&P's -0.1%) during today's trading.
A123 Systems (NASDAQ:AONE) has potential upside of 954.9% based on a current price of $0.14 and analysts' consensus price target of $1.50. The stock should find initial resistance at its 50-day moving average (MA) of $0.30 and further resistance at its 200-day MA of $1.10.
A123 Systems Inc. designs, develops, manufactures and sells advanced, rechargeable lithium-ion batteries and battery systems.
In the past 52 weeks, A123 Systems share prices have been bracketed by a low of $0.05 and a high of $3.91 and are now at $0.14, 184% above that low price. The 200-day and 50-day moving averages have moved 3.85% lower and 11.61% lower over the past week, respectively.
SmarTrend is monitoring the recent change of momentum in A123 Systems. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of A123 Systems in search of a potential trend change.
OUTPERFORMING EVERYTHING!!!!!!
