Northwest Airlines Corp.(NWA) is in an downtrend

(23-May-2008) (23-May-2008) Northwest Airlines Corp.(NWA) closed at 6.71, down -0.35 or -4.96 % today. Based on our analysis, Northwest Airlines Corp.(NWA) is in an downtrend.

The closing price of Northwest Airlines Corp.(NWA) is below its 50 day moving average of 8.74 (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 Northwest Airlines Corp.(NWA) 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 20-May-2008, about 10 trading days ago.