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Downtrend Call Working As Daimler Stock Falls 14.1% (DDAIF)
[July 18, 2012]

Downtrend Call Working As Daimler Stock Falls 14.1% (DDAIF)


Jul 18, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Daimler (NASDAQ:DDAIF) on April 10th, 2012 at $52.74. In approximately 3 months, Daimler has returned 14.09% as of today's recent price of $45.31.

Over the past year, Daimler has traded in a range of $19.13 to $64.01 and is now at $45.31, 137% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has declined 1.1%.

Daimler AG develops, manufactures, distributes, and sells a wide range of automotive products, mainly passenger cars, trucks, vans and buses. The Company also provides financial and other services relating to its automotive businesses.


SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Daimler .

Log in and add Daimler (DDAIF) 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

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