SmarTrend Detects Continued Selling Pressure in Shares of K-Sea Transportation Partners (KSP)
Thursday, March 18, 2010 - 18:59
Written on Thu, 03/18/2010 - 6:59pm
By Chip Brian

SmarTrend identified a Downtrend for K-Sea Transportation Partners (NYSE:KSP) on January 29, 2010 at $9.63. In approximately 2 months, K-Sea Transportation Partners has returned 6% as of Thursday's closing price of $9.05.
K-Sea Transportation Partners is currently below its 50-day moving average of $10.69 and below its 200-day moving average of $15.89. 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 K-Sea Transportation Partners.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): KSP

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