Time Warner Inc.(TWX) is in an downtrend

(25-Jan-2008) (25-Jan-2008) Time Warner Inc.(TWX) closed at 14.96, down -0.47 or -3.05 % today. Based on our analysis, Time Warner Inc.(TWX) is in an downtrend.

The closing price of Time Warner Inc.(TWX) is below its 50 day moving average of 16.49 (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 Time Warner Inc.(TWX) 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 18 trading days ago.