Tuesday, January 29, 2008

Integrated Device Technology, Inc.(IDTI) is in an downtrend

(28-Jan-2008) (28-Jan-2008) Integrated Device Technology, Inc.(IDTI) closed at 7.46, down -0.15 or -1.97 % today. Based on our analysis, Integrated Device Technology, Inc.(IDTI) is in an downtrend.

The closing price of Integrated Device Technology, Inc.(IDTI) is below its 50 day moving average of 10.86 (Designated by blue line). This indicates that the trend is down. The MACD histogram(Gray bars on the bottom) below the signal line(Dark Red Line) tells us that Integrated Device Technology, Inc.(IDTI) is losing momentum. The loss of momentum in a downtrend confirms that the downtrend is intact. The MACD histogram crossed below the signal line on 3-Jan-2008, about 18 trading days ago.

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