SmarTrend identified a Downtrend for EnerNOC (NASDAQ:ENOC) on January 22, 2010 at $32.35. In approximately 2 weeks, EnerNOC has returned 6.8% as of today's recent price of $30.15.

EnerNOC is currently below its 50-day moving average of $30.71 and should find support at its 200-day moving average of $27.24. 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 EnerNOC.

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