Coeur dAlene Mines Corporation(CDE) is in an downtrend

(31-Mar-2008) (31-Mar-2008) Coeur dAlene Mines Corporation(CDE) closed at 4.1, down -0.15 or -3.53 % today. Based on our analysis, Coeur dAlene Mines Corporation(CDE) is in an downtrend.

The closing price of Coeur dAlene Mines Corporation(CDE) is below its 50 day moving average of 4.51 (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 Coeur dAlene Mines Corporation(CDE) 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 10-Mar-2008, about 15 trading days ago.