Aluminum of China Downward Momentum Looks to Continue (ACH)

SmarTrend identified a Downtrend for Aluminum of China (NYSE:ACH) on January 22, 2010 at $27.63. In approximately 2 months, Aluminum of China has returned 7.1% as of today's recent price of $25.66.

Aluminum of China is currently below its 50-day moving average of $26.82 and below its 200-day moving average of $27.26. 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 Aluminum of China.

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