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Market Overview

Avon Products Shares Down 6.9% Since SmarTrend Said Sell (AVP)

(via COMTEX News Network)--

SmarTrend identified a Downtrend for Avon Products (NYSE: AVP) on October 28, 2010 at $30.29. In approximately 6 months, Avon Products has returned 6.9% as of today's recent price of $28.19.

In the past 52 weeks, shares of Avon Products have traded between a low of $25.00 and a high of $36.20 and are now at $28.19, which is 13% above that low price.

Avon Products is currently below its 200-day moving average of $29.48 and should find support at its 50-day moving average of $27.78. 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 remained constant while the 200-day MA has remained constant.

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

Write to Chip Brian at


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

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