Mine Safety Appliances Downward Momentum Looks to Continue (MSA)
Thursday, February 4, 2010 - 08:19
Written on Thu, 02/04/2010 - 8:19am
By Chip Brian

SmarTrend identified a Downtrend for Mine Safety Appliances (NYSE:MSA) on January 26, 2010 at $24.82. In approximately 1 week, Mine Safety Appliances has returned 3.8% as of today's recent price of $23.87.
Mine Safety Appliances is currently below its 50-day moving average of $26.14 and below its 200-day moving average of $25.54. 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 Mine Safety Appliances.

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