SmarTrend has detected shares of BMC Software (NYSE: BMC) have bullishly opened above the pivot of $43.92 today and have reached the first resistance level of $44.37.

We are watching for a cross of the next upside pivot targets of $44.61 and $45.30. Also, the shares are currently trading above the 50-day moving average of $38.69 and above the 200-day moving average of $38.01.

SmarTrend, our proprietary pattern recognition system, alerted subscribers to buy shares of BMC Software on August 23, 2010 at $37.73. Since the call, the stock has risen 17.7%.

Source:-http://www.benzinga.com/press-releases/10/10/c526756/next-resistance-level-for-bmc-software-bmc-is-44-61

BMC options saw interesting call activity today. A total of 297 put and 1,082 call contracts were traded raising a low Put/Call volume alert. Today’s traded Put/Call ratio is 0.27. There were 3.64 calls traded for each put contract.

Put/Call ratio is often used to measure investment sentiment, the ratio serves as a predictor of investor behavior. Unusual options volume provides reliable clues that the stock is expected to make a move.

BMC Software (BMC) closed at $36.49 in the last trading session and opened today at $36.35. BMC is trading at $36.05, down $0.44 (-1.21%) in today’s trading session. The daily low is $35.97 and the high is $36.60. The trading volume of 3,121,482 is above the average volume of 2,373,350 shares. BMC is trading below the 50 day moving average and lower than the 200 day moving .

Source:-http://www.marketintellisearch.com/articles/1045645.html

options saw interesting call activity today. A total of 643 put and 2,913 call contracts were traded raising a low Put/Call volume alert. Today’s traded Put/Call ratio is 0.22. There were 4.53 calls traded for each put contract.

The ratio skew implies that investors are hedging their positions in anticipation of a stock move. Today’s unusual volume activity confirms that traders are rebalancing their portfolios.

Shares of BMC Software Inc. edged down $0.82 (-2.18%) to $36.82. The stock closed at $37.64 in the previous trading session and opened today at $37.26. The price of the stock ranged between a low of $36.58 and $37.35 respectively. The trading volume of 3,691,911 is above the 90 day average volume of 2,421,370 shares. BMC is trading above the 50 day moving average. The stock’s 52 week low is $34.24 and 52 week high is $41.27.

Source:-http://www.marketintellisearch.com/articles/1043436.html

EW YORK (Market Intellisearch) — Shares of BMC crossed above the critical 50-day moving average of $36.48. The location of a stock price when analyzed against the moving average can aid in predicting future short term momentum. Trading activity for shares of BMC Software Inc. may indicate that the shares of BMC may head higher assuming that the moving average continues upward direction. The volume of shares exchanging hands is greater than average daily volume of 2,427,390 of shares.

Other relevant figures to examine are the support and resistance levels for BMC. BMC Software Inc. settled at $37.59 $1.46(+4.04%), based on the pivot points, the current support and resistance levels are 36.68 and 38.11 respectively. If the resistance point price is broken in an upward movement, then the bullish trend is likely to continue and vice versa.

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Source:-http://www.marketintellisearch.com/articles/1042639.html

SmarTrend has detected shares of BMC Software (NYSE:BMC) have bearishly opened below the pivot of $37.68 today and have reached the first level of support of $37.29.

Should the shares continue to fall, we are monitoring the next support pivots of $36.54 and $35.40. Also, the shares are currently trading below the 50-day moving average of $38.50 and below the 200-day moving average of $37.92.

SmarTrend, our proprietary pattern recognition system, alerted subscribers to sell shares of BMC Software on May 04, 2010 at $38.54. Since the call, the stock has fallen 3.5%.

Source:http://www.mysmartrend.com/news-briefs/news-watch/bmc-software-bmc-approaches-new-downside-target-3654

BMC options saw interesting call activity today. A total of 708 put and 6,383 call contracts were traded raising a low Put/Call volume alert. Today’s traded Put/Call ratio is 0.11. There were 9.02 calls traded for each put contract.

Put/Call ratio is often used to measure investment sentiment, the ratio serves as a predictor of investor behavior. Unusual options volume provides reliable clues that the stock is expected to make a move.

BMC Software Inc. (BMC) closed at $37.57 in the last trading session and opened today at $37.54. BMC is trading at $37.47, down $0.10 (-0.27%) in today’s trading session. The daily low is $37.03 and the high is $37.96.

The trading volume of 2,341,895 is below the average volume of 2,878,980 shares. BMC is trading below the 50 day moving average and lower than the 200 day moving average. The stock’s 52 week low is $31.00 and 52 week high is $41.27.

Source:http://www.marketintellisearch.com/articles/1015236.html