Tuesday, July 26, 2011

Sanofi-Aventis (SNY)

Sanofi-Aventis (SNY) has made good though erratic progress of its March 2009 low, quickly surpassing the down trend off its January 2008 high (red line) and the November 2008 trading high (green line).

By Steve Cook
All American Investor

The stock is in a long term trading range the straight blue line is its upper boundary. Intermediate term, the stock is in an up trend (purple lines).

The wiggly blue line is on balance volume. The High Yield Portfolio owns a 2/3rds position in SNY. Shares would be Added at $20.50; the lower boundary of its Sell Half Range is $38.50. (I recognize that the current price is above $38.50 but have held off
pending developments at the company.)

Amplify’d from finance.yahoo.com

Sanofi American Depositary Shar

Real Time 39.72 Down -0.02 (-0.05%) 11:52AM EDT
Last Trade:39.72
Trade Time:11:37AM EDT
Change:Down 0.02 (0.05%)
Prev Close:39.74
Bid:39.72 x 1200
Ask:39.73 x 2000
1y Target Est:46.94
Day's Range:39.66 - 39.95
52wk Range:28.03 - 40.75
Avg Vol (3m):3,590,260
Market Cap:103.66B
P/E (ttm):14.49
EPS (ttm):2.74
Div & Yield:1.32 (3.30%)
Read more at finance.yahoo.com