SmarTrend's Trend Spotter Sees Continued Downward Momentum on Shares of WESCO International (WCC)

SmarTrend identified a Downtrend for WESCO International (NYSE: WCC) on August 20, 2010 at $33.25. In approximately 1 week, WESCO International has returned 4.1% as of today's recent price of $31.87.

WESCO International is currently below its 50-day moving average of $35.24 and below its 200-day moving average of $32.98. 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 WESCO International.

Write to Chip Brian at cbrian@tradethetrend.com

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