[May 22, 2012] Lexmark International Down 24.6% Since SmarTrend Downtrend Call (LXK) Tweet May 22, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Lexmark International (NYSE:LXK) on March 22nd, 2012 at $34.78. In approximately 2 months, Lexmark International has returned 24.60% as of today's recent price of $26.22. Over the past year, Lexmark International has traded in a range of $25.87 to $38.34 and is now at $26.22, 1% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 1.8%. Lexmark International, Inc. develops, manufactures, and supplies printing and imaging solutions for offices and homes. The Company's products include laser printers, inkjet printers, multifunction devices, and associated supplies, services and solutions. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Lexmark International. Log in and add Lexmark International (LXK) 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 ]