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Downtrend Spotted in Shares of FormFactor (FORM)

By Chip Brian

SmarTrend identified a Downtrend for FormFactor (NASDAQ:FORM) on January 12, 2010 at $18.72. In approximately 2 months, FormFactor has returned 4.2% as of today's recent price of $17.93.
FormFactor is currently below its 50-day moving average of $17.98 and below its 200-day moving average of $19.79. Look for these moving averages to decline to confirm the company's downward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of FormFactor.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): FORM