SmarTrend identified a Downtrend for Nalco Holding (NYSE:NLC) on January 07, 2011 at $30.03. In approximately 3 months, Nalco Holding has returned 8.6% as of today's recent price of $27.45.
In the past 52 weeks, shares of Nalco Holding have traded between a low of $20.15 and a high of $32.62 and are now at $27.45, which is 36% above that low price.
Nalco Holding should find initial support at its 200-day moving average of $26.86 and further support at its 50-day moving average of $26.80. 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 fallen 0.85% while the 200-day MA has risen 0.51%.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Nalco Holding.
豫公网安备41010502003434号