RF Micro Devices, Inc.(RFMD) is in an downtrend

(29-Jan-2008) (29-Jan-2008) RF Micro Devices, Inc.(RFMD) closed at 3.1, down -0.01 or -0.32 % today. Based on our analysis, RF Micro Devices, Inc.(RFMD) is in an downtrend.

The closing price of RF Micro Devices, Inc.(RFMD) is below its 50 day moving average of 5.1 (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 RF Micro Devices, Inc.(RFMD) 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 2-Jan-2008, about 20 trading days ago.