American Ecology: The Trend Continues Down (ECOL)

SmarTrend identified a Downtrend for American Ecology ECOL on October 28, 2009 at $17.31. In approximately 3 months, American Ecology has returned 19.1% as of today's recent price of $14.01.

American Ecology is currently below its 50-day moving average of $16.62 and below its 200-day moving average of $17.57. 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 American Ecology.

Write to Chip Brian at cbrian@tradethetrend.com

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