Lender Processing Services 3.01% Below its May 6th Flash Crash Low of $34.85 (LPS)

Written on Thu, 06/03/2010 – 6:19am

Lender Processing Services (NYSE:LPS) is currently trading 3.01% below its May 6th low of $34.85. Investors are looking to see if this low reached during the ‘flash crash’ can hold and signal that a double bottom has been fulfilled.
In the past 52-weeks, shares of Lender Processing Services have traded between a low of $26.33 and a high of $44.38 and are now at $33.8, which is 28.37% above that low price.
SmarTrend is bearish on shares of Lender Processing Services and our subscribers were alerted to Sell on May 07, 2010 at $35.31. The stock has fallen 4.3% since the alert was issued.

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SmarTrend’s Trend Spotter Sees Continued Downward Momentum on Shares of Lender Processing Services (LPS)

May 27, 2010 (SmarTrend(R) Spotlight via COMTEX) —-SmarTrend identified a Downtrend for Lender Processing Services (NYSE:LPS) on May 07, 2010 at $35.31. In approximately 3 weeks, Lender Processing Services has returned 5.8% as of today’s recent price of $33.27.

Lender Processing Services is currently below its 50-day moving average of $37.60 and below its 200-day moving average of $38.92. 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

Post Earnings Update: Lender Processing Services Has Trended 10.89% Lower In Past 29 Days (LPS)

Written on Sun, 05/23/2010 – 10:25am
By Chip Brian

When Lender Processing Services (NYSE:LPS) reported earnings 29 days ago on April 22, 2010, analysts, on average, expected the company to report earnings of $0.79 on sales of $595 million.

The company actually reported EPS of $0.80 on sales of $592 million, beating EPS estimates by $0.01 and missing revenues estimates by $3 million.

Since the company’s report, share of Lender Processing Services have fallen from $38.66 to $34.45, representing a loss of 10.89% in the past 29 days.

SmarTrend is bearish on shares of Lender Processing Services and our subscribers were alerted to Sell on May 07, 2010 at $35.31. The stock has fallen 2.4% since the alert was issued.

Lender Processing Services Bearish Moving Average Crossover Alert (LPS) Pt2

Where is Chip Brian when we need him? He is suppose to monitor this like he said.

Goldman? I think  another boost is needed ASAP!

Today at 12:18pm ET they were at 37.43 then at 2:48pm they took a nose dive down to 34.90…PHEW!

Ended the day at 35.82…I think this is the lowest they have gone this year.

LPS – Lender Processing Services, Inc. (NYSE)‎

35.82 -0.56‎ (-1.54%‎)  May 4:03pm ET
35.82‎ +0.00‎ (0.00%‎)  After Hours
Open: 36.22
High: 37.63
Low: 34.85
Volume: 1,716,428
Avg Vol: 1,028,000
Mkt Cap: 3.41B
Disclaimer

Downtrend Spotted in Shares of Lender Processing Services (LPS): by Chip Brian

Posted on 04/17/10 at 2:00pm by Chip Brian

SmarTrend identified a Downtrend for Lender Processing Services (NYSE: LPS) on March 31, 2010 at $38.26. In approximately 2 weeks, Lender Processing Services has returned 3.3% as of today’s recent price of $36.99.

Lender Processing Services is currently below its 50-day moving average of $38.94 and below its 200-day moving average of $37.98. 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