Labopharm: The Trend Continues Down (DDSS)
Friday, March 5, 2010 - 14:20
Written on Fri, 03/05/2010 - 2:20pm
By Chip Brian

SmarTrend identified a Downtrend for Labopharm (NASDAQ:DDSS) on February 05, 2010 at $2.06. In approximately 4 weeks, Labopharm has returned 27.7% as of today's recent price of $1.49.
Labopharm is currently below its 50-day moving average of $2.04 and below its 200-day moving average of $1.83. 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 Labopharm.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): DDSS

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