Orbital Sciences (ORB) Bearish Technical Alert - Trend Down 3.7%

Orbital Sciences (NYSE:ORB) is trading 0.9% lower (down $0.13 to $14.57) today on volume of 102,831 shares. The stock has traded within a 52-week range of $11.60 and $21.00.

Orbital Sciences is currently below its 200-day moving average of $14.97 and should find support at its 50-day moving average of $14.54.

SmarTrend is bearish on shares of ORB and our subscribers received a Downtrend alert on June 30, 2009 at $15.13, which has returned 3.7% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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