FPL Group: The Trend Continues Down (FPL)
Tuesday, March 9, 2010 - 11:57
Written on Tue, 03/09/2010 - 11:57am
By Chip Brian

SmarTrend identified a Downtrend for FPL Group (NYSE:FPL) on January 12, 2010 at $51.61. In approximately 2 months, FPL Group has returned 7.8% as of today's recent price of $47.56.
FPL Group is currently below its 50-day moving average of $49.37 and below its 200-day moving average of $53.42. 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 FPL Group.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): FPL

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