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Exide Technologies (NASDAQ:XIDE) Stock Trading Idea: 6.6% Return in 1 Week

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Published on Feb 17, 2010

SmarTrend identified a Downtrend for Exide Technologies (NASDAQ:XIDE) on February 03, 2010 at $5.75. In approximately 1 week, Exide Technologies has returned 6.6% as of today's recent price of $5.37.

Exide Technologies is currently below its 50-day moving average of $7.38 and below its 200-day moving average of $6.45. 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 Exide Technologies.

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