Trico Marine Services Downward Momentum Looks to Continue (TRMA)
SmarTrend identified a Downtrend for Trico Marine Services (NASDAQ: TRMA) on October 28, 2009 at $7.00. In approximately 4 months, Trico Marine Services has returned 62.9% as of today's recent price of $2.60.
Trico Marine Services is currently below its 50-day moving average of $4.42 and below its 200-day moving average of $5.18. 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 Trico Marine Services.
Write to Chip Brian at cbrian@tradethetrend.com
---------------------------------------------------------------------------------------------
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.mysmartrend.com/signup
