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Monday, November 22, 2010

Investors Sell Off Shares of SUPERVALU, Down 0.9% (SVU)

SUPERVALU (NYSE: SVU) is one of today's notable stocks in decline, down 0.9% to $9.56. The S&P is currently trading 1.1% lower to 1,187 and the Dow Jones Industrial Average is trading 1.2% lower to 11,064.

SUPERVALU is in SmarTrend's Food & Drug Retail industry and this industry is currently in an Uptrend according to our research. We are monitoring many other stocks on the move within this industry.

In the last five trading sessions, the 50-day MA has fallen 0.57% while the 200-day MA has slid 0.93%.

In the past 52 weeks, shares of SUPERVALU have traded between a low of $9.63 and a high of $17.89 and are now at $9.56, which is -1% above that low price.

SmarTrend is monitoring the recent change of momentum in SUPERVALU. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of SUPERVALU in search of a potential trend change.

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