Daily Stock Setups

Exide Technologies (XIDE) Bearish Technical Alert - Trend Down 9.5%

Posted on: Mon, 02 Nov 2009 15:17:00 EST

Symbols: XIDE

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Nov 02, 2009 (SmarTrend(R) Spotlight via COMTEX) --
XIDE | Quote | Chart | News | PowerRating -- Exide Technologies (NASDAQ:XIDE) is trading 1.6% lower (down $0.10 to $6.02) today on volume of 208,752 shares. The stock has traded within a 52-week range of $1.83 and $8.87.

Exide Technologies is currently below its 50-day moving average of $7.50 and should find support at its 200-day moving average of $5.10.

SmarTrend is bearish on shares of XIDE and our subscribers received a Downtrend alert on October 27, 2009 at $6.65, which has returned 9.5% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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For full details on Exide Tech (XIDE) XIDE. Exide Tech (XIDE) has Short Term PowerRatings at TradingMarkets. Details on Exide Tech (XIDE) Short Term PowerRatings is available at This Link.

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