Friday, March 19, 2010 - 11:52
By Chip Brian

SmarTrend identified a Downtrend for Ascent Solar Technologies (NASDAQ:ASTI) on January 27, 2010 at $4.57. In approximately 2 months, Ascent Solar Technologies has returned 25.6% as of today's recent price of $3.40.
Ascent Solar Technologies is currently below its 50-day moving average of $4.56 and below its 200-day moving average of $5.88. 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 Ascent Solar Technologies.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): ASTI