Yucheng Technologies (NASDAQ:YTEC) Stock Trading Idea: 57.2% Return in 3 Weeks

SmarTrend identified a Downtrend for Yucheng Technologies (NASDAQ:YTEC) on January 20, 2010 at $7.36. In approximately 3 weeks, Yucheng Technologies has returned 57.2% as of today's recent price of $3.15.

Yucheng Technologies is currently below its 50-day moving average of $7.51 and below its 200-day moving average of $7.74. 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 Yucheng Technologies.

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