Trimble Navigation (TRMB) Bearish Technical Alert - Trend Down 4%

Trimble Navigation (NASDAQ:TRMB) is trading 1.4% lower (down $0.32 to $21.79) today on volume of 307,738 shares. The stock has traded within a 52-week range of $11.96 and $26.17.

Trimble Navigation is currently below its 50-day moving average of $24.16 and should find support at its 200-day moving average of $19.71.

SmarTrend is bearish on shares of TRMB and our subscribers received a Downtrend alert on October 02, 2009 at $22.70, which has returned 4% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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