Downtrend Spotted in Shares of UQM Technologies (UQM)
Monday, March 1, 2010 - 20:53
Written on Mon, 03/01/2010 - 8:53pm
By Chip Brian

SmarTrend identified a Downtrend for UQM Technologies (AMEX:UQM) on January 25, 2010 at $5.00. In approximately 1 month, UQM Technologies has returned 14.4% as of today's recent price of $4.28.
UQM Technologies is currently below its 50-day moving average of $5.38 and below its 200-day moving average of $4.35. 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 UQM Technologies.

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