SmarTrend identified a Downtrend for Amphenol (NYSE:APH) on January 19, 2010 at $43.77. In approximately 2 weeks, Amphenol has returned 7.6% as of today's recent price of $40.43.
Amphenol is currently below its 50-day moving average of $43.59 and should find support at its 200-day moving average of $37.40. Look for these moving averages to decline to confirm the company's downward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Amphenol.
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