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Arm Holdings (ARMH) Downgrade Alert, Watch for 64.2% Technical Uptrend Reversal - 11/3/2009 8:47:14 AM

By Chip Brian, SmarTrend Analytics Team
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Arm Holdings (NASDAQ:ARMH) downgraded to Underweight at Morgan Stanley. The stock closed yesterday at $7.29 on volume of 2,064,079 shares, above average daily volume of 0.

ARM Holdings is currently above its 50-day moving average of $6.89 and above its 200-day moving average of $5.54.

SmarTrend is bullish on shares of ARMH and our subscribers received an Uptrend alert on February 06, 2009 at $4.44, which has returned 64.2% to date.

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