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Ceradyne (CRDN) Upgrade Alert, Watch for 6.9% Technical Downtrend Reversal

Oct 28, 2009 (SmarTrend(R) Spotlight via COMTEX) --

Company: Ceradyne, Inc. (CRDN)

Ceradyne (NASDAQ:CRDN) upgraded to Market Perform from Underperform at Wells Fargo. The stock closed yesterday at $16.55 on volume of 1,107,100 shares, above average daily volume of 278,114.

Ceradyne is currently below its 50-day moving average of $19.00 and below its 200-day moving average of $19.24.

SmarTrend is bearish on shares of CRDN and our subscribers received a Downtrend alert on October 02, 2009 at $17.78, which has returned 6.9% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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News Provided by COMTEX

Company: Ceradyne, Inc. (CRDN)


Related terms: market, nasdaq, securities

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