Thursday, February 28, 2008

USEC Inc.(USU) is in an downtrend

(28-Feb-2008) (28-Feb-2008) USEC Inc.(USU) closed at 7.06, up 0.24 or 3.52 % for the day. Based on our analysis, USEC Inc.(USU) is in an downtrend.

The closing price of USEC Inc.(USU) is below its 50 day moving average of 8.27 (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 USEC Inc.(USU) is losing momentum. The loss of momentum in a downtrend confirms that the downtrend is intact. The MACD histogram crossed below the signal line today, let us see if it stays below.

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