SmarTrend's Trend Spotter Sees Continued Downward Momentum on Shares of Symyx Technologies (SMMX)
Wednesday, March 3, 2010 - 18:56
Written on Wed, 03/03/2010 - 6:56pm
By Chip Brian

SmarTrend identified a Downtrend for Symyx Technologies (NASDAQ:SMMX) on February 23, 2010 at $4.53. In approximately 1 week, Symyx Technologies has returned 5.3% as of today's recent price of $4.29.
Symyx Technologies is currently below its 50-day moving average of $4.97 and below its 200-day moving average of $5.70. 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 Symyx Technologies.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): SMMX

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