user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 490255 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Monster Worldwide (MWW) Crosses Pivot Point Support at $4.31

Published on Wed, 05/01/2013 - 09:46
By Adrienne Chilton

Shares of Monster Worldwide (NYSE:MWW) opened today below their pivot of $4.40 and have already reached the first level of support at $4.31. Analysts will be watching for a cross of the next downside pivot targets of $4.23 and $4.06.

In the past 52 weeks, Monster Worldwide share prices have been bracketed by a low of $4.02 and a high of $9.63 and are now at $4.30, 7% above that low price. The 200-day and 50-day moving averages have moved 0.92% lower and 1.37% lower over the past week, respectively.

Monster Worldwide has overhead space with shares priced $4.30, or 42.6% below the average consensus analyst price target of $7.50. The stock should run into initial resistance at its 50-day moving average (MA) of $4.85 and subsequent resistance at its 200-day MA of $6.13.

Monster Worldwide, Inc., through its subsidiaries, offers help wanted advertisements over the Internet. The Company charges employers and human resource professionals to post and search advertisements, and allows job seekers to search job postings and post their resumes free of charge. Monster also operates websites that connect companies to highly targeted audiences.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

Shares of United Therapeutics Have Risen...

United Therapeutics (NASDAQ:UTHR) traded at a new 52-week high today of $130.44. This ...

Union Pacific: The Winning Streak Contin...

Union Pacific (NYSE:UNP) traded at a new 52-week high today of $109.35. Approximately ...

Tuesday Morning Looks to Continue to Tra...

Tuesday Morning (NASDAQ:TUES) traded at a new 52-week high today of $19.52. So far tod ...

Watch for Continued Gains in Shares of T...

TeleNav (NASDAQ:TNAV) traded at a new 52-week high today of $7.80. This new high was r ...

Shares of Teradyne Have Risen Above Prev...

Teradyne (NYSE:TER) traded at a new 52-week high today of $20.88. Approximately 1.2 mi ...

Recent 52-Week High Exceeded in Shares o...

Shares of Sierra Wireless (NASDAQ:SWIR) traded today at $30.45, breaking its 52-week hi ...

Watch for Continued Gains in Shares of S...

Steel Dynamics (NASDAQ:STLD) traded today at a new 52-week high of $25.16. So far toda ...

Sanofi-Aventis: 52-Week High Recently Ec...

Shares of Sanofi-Aventis (NYSE:SNY) traded today at $56.86, breaking its 52-week high. ...