Microsemi (MSCC) Bearish Technical Alert - Trend Down 8.3%

Microsemi (NASDAQ:MSCC) is trading 1.9% lower (down $0.25 to $12.96) today on volume of 320,260 shares. The stock has traded within a 52-week range of $7.06 and $22.59.

Microsemi is currently below its 50-day moving average of $14.98 and below its 200-day moving average of $13.03.

SmarTrend is bearish on shares of MSCC and our subscribers received a Downtrend alert on October 27, 2009 at $14.14, which has returned 8.3% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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