Bally Technologies Inc (BYI)

[Bob22701]

BYI From Comtex SmarTrend(R) via Comtex

Bally Technologies Up 20.7% Since SmarTrend Uptrend Call (BYI)

SmarTrend identified an Uptrend for Bally Technologies (NYSE:BYI) on October 10th, 2011 at $31.42. In approximately 2 months, Bally Technologies has returned 20.66% as of today's recent price of $37.91.

In the past 52 weeks, shares of Bally Technologies have traded between a low of $24.74 and a high of $44.46 and are now at $37.91, which is 53% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 2.3%.

Bally Technologies Inc. designs, manufactures, distributes gaming devices, systems, and technology solutions worldwide. The Company's product line includes slot machines, video slots, wide-area progressives and Class II, lottery and central determination games and platforms. Bally's offers casino management, slot accounting, bonusing, cashless and table management solutions.

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

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