INVESTORS SELL OFF SHARES OF SKECHERS USA, DOWN 1.9% (SKX)
Analyst Report ) is one of today's notable stocks in decline, down 1.9% to $14.41. The S&P is currently trading 0.2% lower to 1,337 and the Dow Jones Industrial Average is trading fractionally lower to 12,566.Skechers U.S.A. is in SmarTrend's Textile- Apparel Footwear & Accessories industry and this industry is currently in an Uptrend according to our research. We are monitoring many other stocks on the move within this industry.
In the last five trading sessions, the 50-day MA has fallen 3.39% while the 200-day MA has slid 1.06%.
In the past 52 weeks, shares of Skechers U.S.A. have traded between a low of $13.29 and a high of $40.20 and are now at $14.41, which is 8% above that low price.
SmarTrend currently has shares of Skechers U.S.A. in an Downtrend and issued the Downtrend alert on May 03, 2011 at $18.50. The stock has fallen 20.6% since the Downtrend alert was issued.
Write to Chip Brian at cbrian@mysmartrend.com
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Copyright, Comtex News Network, Inc. 2011
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As of Friday, 07-01-2011 23:59, the latest Comtex SmarTrendA? Alert,
an automated pattern recognition system, indicated a DOWNTREND on
05-03-2011 for SKX @ $18.50.
For more information on SmarTrend, contact your market data
provider or go to www.mysmartrend.com
SmarTrend is a registered trademark of Comtex News Network, Inc.
Copyright A? 2004-2011 Comtex News Network, Inc. All rights reserved.
Trading Alert Usa - News
In the past 52 weeks, shares of Skechers USA have traded between a low of $13.29 and a high of $40.20 and are now at $14.41, which is 8% above that low price. SmarTrend currently has shares of Skechers USA in an Downtrend and issued the Downtrend alert
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