Idearc Inc.(IAR) is in an downtrend

(29-Feb-2008) (29-Feb-2008) Idearc Inc.(IAR) closed at 5.76, down -1.24 or -17.71 % today. Based on our analysis, Idearc Inc.(IAR) is in an downtrend.

The closing price of Idearc Inc.(IAR) is below its 50 day moving average of 13.79 (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 Idearc Inc.(IAR) 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 7-Feb-2008, about 16 trading days ago.