• Return to Headlines

DreamWorks Animation Down 13.4% Since SmarTrend Downtrend Call (DWA)

Written on Tue, 01/08/2013 - 1:06pm
By Nick Russo

SmarTrend identified a Downtrend for DreamWorks Animation (NASDAQ:DWA) on November 16th, 2012 at $19.04. In approximately 2 months, DreamWorks Animation has returned 13.37% as of today's recent price of $16.49.

Over the past year, DreamWorks Animation has traded in a range of $16.04 to $28.90 and is now at $16.49, 3% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 1.5%.

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.

Log in and add DreamWorks Animation (DWA) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights Dreamworks Animation

Ticker(s): DWA

Contact Nick Russo



Smartrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at http://www.mysmartrend.com/morning-call-newsletter-signup.