Daily Stock Setups

Smith Micro Software (SMSI) Bearish Technical Alert - Trend Down 33.1%

Posted on: Mon, 16 Nov 2009 20:01:00 EST

Symbols: SMSI

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Nov 16, 2009 (SmarTrend(R) Spotlight via COMTEX) --
SMSI | Quote | Chart | News | PowerRating -- Smith Micro Software (NASDAQ:SMSI) is trading 0.3% lower (down $0.02 to $7.23) today on volume of 86,153 shares. The stock has traded within a 52-week range of $3.64 and $12.87.

Smith Micro Software is currently below its 50-day moving average of $10.75 and below its 200-day moving average of $8.89.

SmarTrend is bearish on shares of SMSI and our subscribers received a Downtrend alert on October 19, 2009 at $10.80, which has returned 33.1% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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For full details on Smith Micro Software Inc (SMSI) SMSI. Smith Micro Software Inc (SMSI) has Short Term PowerRatings at TradingMarkets. Details on Smith Micro Software Inc (SMSI) Short Term PowerRatings is available at This Link.

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