Zhongpin (NASDAQ:HOGS)

[andrerib]

Porque não uma Small Cap Chinesa?

Technical Analysis Back to SmarTrend News & Market Analysis Zhongpin: The Trend Continues Lower (HOGS) - 2/11/2010 11:31:00 AM
By Chip Brian, SmarTrend Analytics Team

SmarTrend identified a Downtrend for Zhongpin (NASDAQ:HOGS) on January 22, 2010 at $13.60. In approximately 3 weeks, Zhongpin has returned 15.4% as of today's recent price of $11.50.

Zhongpin is currently below its 50-day moving average of $14.15 and below its 200-day moving average of $12.51. 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 Zhongpin.