12.6% Return Seen to Date on SmarTrend DreamWorks Animation Call (DWA)
SmarTrend identified a Downtrend for DreamWorks Animation (NASDAQ:DWA) on November 16th, 2012 at $19.04. In approximately 1 month, DreamWorks Animation has returned 12.58% as of today's recent price of $16.64.
In the past 52 weeks, DreamWorks Animation share prices have been bracketed by a low of $16.08 and a high of $28.90 and are now at $16.61, 3% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.2% while the 200-day MA has slid 0.3%.
DreamWorks Animation SKG, Inc. develops and produces computer generated animated feature films for a broad movie-going audience.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of DreamWorks Animation.
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