Bear Stearns Companies, Inc (The)(BSC) is in an downtrend

(28-Mar-2008) (28-Mar-2008) Bear Stearns Companies, Inc (The)(BSC) closed at 11.23, up 0.02 or 0.18 % for the day. Based on our analysis, Bear Stearns Companies, Inc (The)(BSC) is in an downtrend.

The closing price of Bear Stearns Companies, Inc (The)(BSC) is below its 50 day moving average of 67.72 (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 Bear Stearns Companies, Inc (The)(BSC) 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-Mar-2008, about 19 trading days ago.