SmarTrend Detects Continued Selling Pressure in Shares of GLG Partners (GLG)
Thursday, March 18, 2010 - 14:01
Written on Thu, 03/18/2010 - 2:01pm
By Chip Brian

SmarTrend identified a Downtrend for GLG Partners (NYSE:GLG) on February 04, 2010 at $2.86. In approximately 1 month, GLG Partners has returned 3.1% as of today's recent price of $2.77.
GLG Partners is currently below its 50-day moving average of $2.95 and below its 200-day moving average of $3.44. 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 GLG Partners.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): GLG

Contact Chip Brian



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