Century Aluminum Shares Down 16.1% Since SmarTrend Said Sell (CENX)

SmarTrend identified a Downtrend for Century Aluminum (NASDAQ: CENX) on May 05, 2011 at $16.66. In approximately 1 month since that trend was identified, Century Aluminum has fallen 16.1% as of Thursday's closing price of $13.98.

In the past 52 weeks, shares of Century Aluminum have traded between a low of $8.25 and a high of $20.76 and are now at $13.98, which is 69% above that low price.

Century Aluminum is currently below its 50-day moving average of $17.05 and below its 200-day moving average of $15.41. 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 1.53% while the 200-day MA has risen 0.47%.

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