US Airways Group, Inc.(LCC) is in an downtrend

(23-May-2008) (23-May-2008) US Airways Group, Inc.(LCC) closed at 4.08, down -0.36 or -8.11 % today. Based on our analysis, US Airways Group, Inc.(LCC) is in an downtrend.

The closing price of US Airways Group, Inc.(LCC) is below its 50 day moving average of 7.87 (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 US Airways Group, Inc.(LCC) 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 21-May-2008, about 6 trading days ago.