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Teradyne (TER) Bearish Technical Alert - Trend Down 8.6%

Teradyne (NYSE:TER) is trading 2.9% lower (down $0.24 to $8.14) today on volume of 2,628,178 shares. The stock has traded within a 52-week range of $2.80 and $10.67.

Teradyne is currently below its 50-day moving average of $9.09 and should find support at its 200-day moving average of $6.71.

SmarTrend is bearish on shares of TER and our subscribers received a Downtrend alert on October 28, 2009 at $8.91, which has returned 8.6% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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