Infinera (INFN) Bearish Technical Alert - Trend Down 5%

Infinera (NASDAQ:INFN) is trading 5% lower (down $0.37 to $7.10) today on volume of 85,898 shares. The stock has traded within a 52-week range of $5.69 and $11.68.

Infinera is currently below its 50-day moving average of $8.49 and below its 200-day moving average of $8.15.

SmarTrend is bearish on shares of INFN and our subscribers received a Downtrend alert on July 20, 2009 at $7.47, which has returned 5% to date.

Write to Chip Brian at cbrian@tradethetrend.com

---------------------------------------------------------------------------------------------

SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html

Related terms: market, nasdaq, securities