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Downtrend Call Working As Pan American Silver Stock Falls 18.8% (PAAS)Jul 25, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Pan American Silver (NASDAQ:PAAS) on June 26th, 2012 at $16.99. In approximately 4 weeks, Pan American Silver has returned 18.75% as of today's recent price of $13.80. Over the past year, Pan American Silver has traded in a range of $13.49 to $34.49 and is now at $13.80, 2% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 1.1%. Pan American Silver Corporation is a silver mining company with its principal property in Peru. The Company also explores and develops mines in Mexico. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Pan American Silver. Log in and add Pan American Silver (PAAS) 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 |