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BigBand Networks: The Trend Continues Lower (BBND)

SmarTrend identified a Downtrend for BigBand Networks (NASDAQ:BBND) on August 06, 2009 at $4.28. In approximately 5 months, BigBand Networks has returned 17.3% as of today's recent price of $3.54.

BigBand Networks is currently below its 50-day moving average of $3.59 and below its 200-day moving average of $4.59. Look for these moving averages to decline to confirm the company's downward momentum.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of BigBand Networks.

Write to Chip Brian at cbrian@tradethetrend.com

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