SmarTrend identified a Downtrend for Ascent Solar Technologies (NASDAQ:ASTI) on January 27, 2010 at $4.57. In approximately 3 months, Ascent Solar Technologies has returned 11.8% as of today's recent price of $4.03.
Ascent Solar Technologies is currently below its 50-day moving average of $4.10 and below its 200-day moving average of $5.56. 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 Ascent Solar Technologies.
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