[December 20, 2009] Downtrend Spotted in Shares of C&D Technologies (CHP) Tweet Dec 20, 2009 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for C&D Technologies (NYSE:CHP) on October 19, 2009 at $1.87. In approximately 2 months, C&D Technologies has returned 28.9% as of Friday's closing price of $1.33. C&D Technologies is currently below its 50-day moving average of $1.79 and below its 200-day moving average of $1.92. 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 of shares for C&D Technologies. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- 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.TradeTheTrend.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.TradeTheTrend.com/signup.html [ Back To TMCnet.com's Homepage ]