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Strategies & Market Trends : Turnarund Investing

NOVS 0.0666

-16.0%

Aug 1 5:00 PM EST

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To: KirbyJF1 who wrote (1126)

5/12/2012 2:40:20 PM

From: Covenant

1 Recommendation Read Replies (1) of 1876

Downtrend Call Working As Westport Innovations Stock Falls 30.9% (WPRT)
Comtex SmarTrend(R) via CMTX - Tue May 08, 4:37PM CDT

Related Stocks
WPRT - Westport Innovations Inc

Sym	Last	Chg	Pct
WPRT	25.47	+0.42	+1.68%

SmarTrend identified a Downtrend for Westport Innovations (NASDAQ:WPRT) on March 29th, 2012 at $40.58. In approximately 1 month, Westport Innovations has returned 30.90% as of today's recent price of $28.04.

In the past 52 weeks, shares of Westport Innovations have traded between a low of $16.19 and a high of $50.19 and are now at $28.04, which is 73% above that low price. The 200-day and 50-day moving averages have moved 0.09% higher and 2.26% lower over the past week, respectively.

Westport Innovations Inc. is commercializing high pressure direct injection (HPDI) combustion technology. This technology allows diesel engines to operate on cleaner-burning gaseous fuels without sacrificing performance or fuel economy. The Company currently has an alliance with Cummins Engine Company Inc. and a development project with Ford Motor Company.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Westport Innovations.

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