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Smith Micro Software (SMSI) Bearish Technical Alert - Trend Down 33.1%
[November 16, 2009]

Smith Micro Software (SMSI) Bearish Technical Alert - Trend Down 33.1%


Nov 16, 2009 (SmarTrend(R) Spotlight via COMTEX) -- Smith Micro Software (NASDAQ:SMSI) is trading 0.3% lower (down $0.02 to $7.23) today on volume of 86,153 shares. The stock has traded within a 52-week range of $3.64 and $12.87.

Smith Micro Software is currently below its 50-day moving average of $10.75 and below its 200-day moving average of $8.89.

SmarTrend is bearish on shares of SMSI and our subscribers received a Downtrend alert on October 19, 2009 at $10.80, which has returned 33.1% to date.

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.

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