[May 18, 2012] Downtrend Call Working As Riverbed Technology Stock Falls 24.5% (RVBD) Tweet May 18, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Riverbed Technology (NASDAQ:RVBD) on April 20th, 2012 at $20.32. In approximately 4 weeks, Riverbed Technology has returned 24.54% as of today's recent price of $15.33. In the past 52 weeks, Riverbed Technology share prices have been bracketed by a current low of $15.25 and a high of $41.83 and are now at $15.33. The 200-day and 50-day moving averages have moved 1% lower and 3.8% lower over the past week, respectively. Riverbed Technology, Inc. manufactures and markets appliances used to connect computers in wide area networks. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Riverbed Technology. Log in and add Riverbed Technology (RVBD) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. 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.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/signup [ Back To TMCnet.com's Homepage ]