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Downtrend Call Working As Sturm Ruger & Co Stock Falls 20.9% (RGR)May 23, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Sturm Ruger & Co (NYSE:RGR) on May 8th, 2012 at $49.16. In approximately 2 weeks, Sturm Ruger & Co has returned 20.94% as of today's recent price of $38.86. Over the past year, Sturm Ruger & Co has traded in a range of $18.65 to $58.42 and is now at $38.86, 108% above that low. The 200-day and 50-day moving averages have moved 0.55% higher and 0.26% lower over the past week, respectively. Sturm, Ruger & Company, Inc. designs, manufactures and sells firearms and precision metal investment castings. The company's firearms products include rifles, shotguns, pistols, and revolvers. The Company's titanium and ferrous investment castings are utilized in the production for a wide variety of markets including golf clubs and sporting goods, commercial, and military. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Sturm Ruger & Co. Log in and add Sturm Ruger & Co (RGR) 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 |