Downtrend Spotted in Shares of UQM Technologies (UQM)
Thursday, March 18, 2010 - 18:29
Written on Thu, 03/18/2010 - 6:29pm
By Chip Brian

SmarTrend identified a Downtrend for UQM Technologies (AMEX:UQM) on January 25, 2010 at $5.00. In approximately 2 months, UQM Technologies has returned 14.6% as of Thursday's closing price of $4.27.
UQM Technologies is currently below its 50-day moving average of $5.02 and below its 200-day moving average of $4.52. 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 UQM Technologies.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s):

Contact Chip Brian



Smartrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at http://www.mysmartrend.com/morning-call-newsletter-signup.