Market Overview

Switch & Data Facilities: The Trend Continues Down (SDXC)

Share:

SmarTrend identified a Downtrend for Switch & Data Facilities (NASDAQ: SDXC) on February 02, 2010 at $18.09. In approximately 3 months, Switch & Data Facilities has returned 4.8% as of today's recent price of $17.23.

Switch & Data Facilities is currently below its 50-day moving average of $18.19 and should find support at its 200-day moving average of $16.66. 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 Switch & Data Facilities.

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

View Comments and Join the Discussion!