Smart Office identified a downward trend of Smith & Wesson (NASDAQ: SWHC) on 14 March 2011 at $ 3.46. In about three months, Smith & Wesson has returned 4.2% in the current rate at the end of $ 3.32.
In the past 52 weeks shares have traded Smith & Wesson from a low of $ 3.27 and a maximum of $ 4.60 and now are $ 3.32, which is 2% higher than a low price.
Smith & Wesson STI is currently 50-day moving average of $ 3.50 and below STI 200-day moving average of $ 3.70. For moving averages falling to the company to confirm the downward trend.
In the last five working days session, the 50-day MA was constant, while the 200-day MA has remained constant.
Intelligent Office will continue moving averages and a number of other indicators of changes in the momentum of the shares of Smith & Wesson exploration.
Write to Chip Brian cbrian@mysmartrend.com
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