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The Knot Downward Momentum Looks to Continue (KNOT)

Written on Sat, 03/13/2010 - 11:38am
By Chip Brian

SmarTrend identified a Downtrend for The Knot (NASDAQ:KNOT) on November 02, 2009 at $10.53. In approximately 4 months, The Knot has returned 25.6% as of today's recent price of $7.83.
The Knot is currently below its 50-day moving average of $9.22 and below its 200-day moving average of $9.48. 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 The Knot.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): KNOT

Contact Chip Brian



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