SmarTrend identified a Downtrend for Art's-Way Manufacturing (NASDAQ:ARTW) on August 2nd, 2012 at $6.72. In approximately 4 months, Art's-Way Manufacturing has returned 20.24% as of today's recent price of $5.36.

Over the past year, Art's-Way Manufacturing has traded in a range of $5.06 to $9.69 and is now at $5.36, 6% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.8% while the 200-day MA has slid 0.8%.

Art's-Way Manufacturing Co., Inc. manufactures specialized farm machinery under its own and private labels. The Company's products includes animal feed processing products, mowers and shredders, sugar beet and potato equipment, and land maintenance products. Art's-Way sells its products through farm equipment dealers throughout the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Art's-Way Manufacturing.

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