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Morgan Stanley China A Share Fund: The Trend Continues Lower (CAF)

By Chip Brian

SmarTrend identified a Downtrend for Morgan Stanley China A Share Fund (NYSE:CAF) on April 19, 2010 at $27.52. In approximately 3 weeks, Morgan Stanley China A Share Fund has returned 5.9% as of today's recent price of $25.90.
Morgan Stanley China A Share Fund is currently below its 50-day moving average of $28.08 and below its 200-day moving average of $31.17. 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 Morgan Stanley China A Share Fund.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): CAF