Combinatorx (CRXX) Bearish Technical Alert - Trend Down 28.5%

Combinatorx (NASDAQ:CRXX) is trading 7.3% lower (down $0.09 to $1.14) today on volume of 155,851 shares. The stock has traded within a 52-week range of $0.25 and $2.60.

Combinatorx is currently below its 50-day moving average of $1.48 and should find support at its 200-day moving average of $0.92.

SmarTrend is bearish on shares of CRXX and our subscribers received a Downtrend alert on September 29, 2009 at $1.60, which has returned 28.5% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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