Verigy (VRGY) Bearish Technical Alert - Trend Down 13.4%

Verigy (NASDAQ:VRGY) is trading 1.7% lower (down $0.16 to $9.13) today on volume of 163,452 shares. The stock has traded within a 52-week range of $6.14 and $14.80.

Verigy is currently below its 50-day moving average of $11.16 and below its 200-day moving average of $10.30.

SmarTrend is bearish on shares of VRGY and our subscribers received a Downtrend alert on October 05, 2009 at $10.54, which has returned 13.4% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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