Shares of DSTI Down 66.9% Since Downtrend Call on Shares

SmarTrend identified a Downtrend for DayStar Technologies (NASDAQ: DSTI) on November 15, 2010 at $1.81. In approximately 7 months, DayStar Technologies has returned 66.9% as of today's recent price of $0.60.

In the past 52 weeks, shares of DayStar Technologies have traded between a low of $0.62 and a high of $3.15 and are now at $0.60, which is -3% above that low price.

DayStar Technologies is currently below its 50-day moving average of $0.81 and below its 200-day moving average of $1.44. Look for these moving averages to decline to confirm the company's downward momentum.

In the last five trading sessions, the 50-day MA has fallen 1.19% while the 200-day MA has slid 0.83%.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of DayStar Technologies.

Write to Chip Brian at cbrian@mysmartrend.com

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