SMARTREND NEWS & MARKET ANALYSIS
SmarTrend analyzes over 5,000 stocks simultaneously on an intraday basis using its pattern recognition technology to give you real-time alerts for stocks on the move -- so you can maximize your trading results. Let our system increase your market awareness.
Trend Trade Your way to Success Today...Click HERE to Get Started on Your FREE 14-Day Trial!
Technical AnalysisBack to SmarTrend News & Market Analysis
Diedrich Coffee (DDRX) Downgrade Alert, Watch for 3.3% Technical Downtrend Continuation - 11/3/2009 8:46:42 AM

By Chip Brian, SmarTrend Analytics Team
Twitter

Diedrich Coffee (NASDAQ:DDRX) downgraded to Hold from Buy at Roth Capital. The stock closed yesterday at $20.64 on volume of 572,428 shares, above average daily volume of 0.

Diedrich Coffee is currently below its 50-day moving average of $23.22 and should find support at its 200-day moving average of $13.40.

SmarTrend is bearish on shares of DDRX and our subscribers received a Downtrend alert on November 02, 2009 at $21.34, which has returned 3.3% to date.

Contact Chip Brian

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.TradeTheTrend.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 www.TradeTheTrend.com/signup.html

 

 



Comtex News Network, Inc. is not a registered investment advisor and does not provide investment advice.
Copyright Comtex News Network, Inc