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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 (731)

4/30/2012 8:09:28 AM

From: Covenant

Read Replies (1) of 1876

Westport Innovations Down 24.5% Since SmarTrend Downtrend Call (WPRT)
Comtex SmarTrend(R) via CMTX - Tue Apr 24, 9:49AM CDT

Related Stocks
WPRT - Westport Innovations Inc

Sym	Last	Chg	Pct
WPRT	31.38	+1.19	+3.94%

SmarTrend identified a Downtrend for Westport Innovations (NASDAQ:WPRT) on March 29th, 2012 at $40.58. In approximately 4 weeks, Westport Innovations has returned 24.47% as of today's recent price of $30.65.

In the past 52 weeks, Westport Innovations share prices have been bracketed by a low of $16.19 and a high of $50.19 and are now at $30.65, 89% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has declined 1.2%.

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.

Log in and add Westport Innovations (WPRT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com

Westport Innovations Inc (WPRT)31.38 +1.19 (+3.94%) Friday, Apr 27th, 2012
Snapshot Opinion