Downtrend Spotted in Shares of U.S. Concrete (RMIX)
Tuesday, March 9, 2010 - 11:00
Written on Tue, 03/09/2010 - 11:00am
By Chip Brian

SmarTrend identified a Downtrend for U.S. Concrete (NASDAQ:RMIX) on February 16, 2010 at $0.78. In approximately 3 weeks, U.S. Concrete has returned 22.4% as of today's recent price of $0.61.
U.S. Concrete is currently below its 50-day moving average of $0.85 and below its 200-day moving average of $1.44. 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 U.S. Concrete.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): RMIX

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