AgFeed Industries Inc. (fka FEEDQ)

[noahsplay]

News for 'FEED' - (20.8% Return Seen to Date on SmarTrend AgFeed Industries Call (FEED))


Aug 26, 2011 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a
Downtrend for AgFeed Industries (NASDAQ:FEED) on August 03, 2011 at $1.27. In
approximately 3 weeks, AgFeed Industries has returned! 20.8% as of today's recent
price of $1.01.

In the past 52 weeks, shares of AgFeed Industries have traded between a low of
$0.95 and a high of $3.44 and are now at $1.01, which is 6% above that low
price.

AgFeed Industries is currently below its 50-day moving average of $1.27 and
below its 200-day moving average of $1.88. 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 0.36% while the
200-day MA has slid 2.27%.

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

Write to Chip Brian at [e-mail]


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