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