TMCnet News
Shares of MXWL Down 62.6% Since Downtrend Call on SharesJun 01, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Maxwell Technologies (NASDAQ:MXWL) on February 22nd, 2012 at $18.15. In approximately 3 months, Maxwell Technologies has returned 62.60% as of today's recent price of $6.79. In the past 52 weeks, shares of Maxwell Technologies have traded between a low of $6.45 and a high of $21.49 and are now at $6.79, which is 5% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 5.2%. Maxwell Technologies, Inc. develops, manufactures and markets products and services for purification and information technologies and power-conversion systems and components. The Company's solutions are used in food processing and packaging, health care, and OEM PC manufacturing, as well as for federal and local government applications. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Maxwell Technologies. Log in and add Maxwell Technologies (MXWL) 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 |
