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Total: The Trend Continues Lower (TOT)

By Chip Brian

SmarTrend identified a Downtrend for Total (NYSE:TOT) on January 15, 2010 at $63.56. In approximately 2 months, Total has returned 8% as of today's recent price of $58.48.
Total is currently below its 50-day moving average of $60.48 and below its 200-day moving average of $58.98. 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 Total.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): TOT