Griffon (GFF) Bearish Technical Alert - Trend Down 3.6%

Griffon (NYSE:GFF) is trading 0.7% lower (down $0.07 to $9.36) today on volume of 83,083 shares. The stock has traded within a 52-week range of $5.77 and $11.93.

Griffon is currently below its 50-day moving average of $10.55 and should find support at its 200-day moving average of $9.09.

SmarTrend is bearish on shares of GFF and our subscribers received a Downtrend alert on October 01, 2009 at $9.71, which has returned 3.6% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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