SmarTrend identified a Downtrend for Atlas Air Worldwide Holdings (NASDAQ:AAWW) on September 26th, 2012 at $52.13. In approximately 2 months, Atlas Air Worldwide Holdings has returned 18.29% as of today's recent price of $42.59.

Atlas Air Worldwide Holdings share prices have moved between a 52-week high of $57.00 and a 52-week low of $34.45 and are now trading 24% above that low price at $42.59 per share. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 1.6%.

Atlas Air Worldwide Holdings, Inc. is the parent company of Atlas Air, Inc., and Polar Air Cargo, Inc. Atlas provides aircraft, crew, maintenance, and insurance freighter aircraft to major airlines around the world. Polar operates a global, scheduled-service network and serves substantially all major trade lanes of the world. The Company also provides commercial and military charter services.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Atlas Air Worldwide Holdings.

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