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Kimball International Down 17.4% Since SmarTrend Downtrend Call (KBALB)
Feb 22, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified a Downtrend for Kimball International (NASDAQ:KBALB) on December 13th, 2012 at $11.51. In approximately 2 months, Kimball International has returned 17.38% as of today's recent price of $9.51.
In the past 52 weeks, shares of Kimball International have traded between a low of $4.61 and a high of $13.25 and are now at $9.51, which is 106% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.4% while the 200-day MA has risen 0.4%.
Kimball International, Inc. manufactures consumer durable goods, including office, residential, hospitality, and healthcare furniture. The Company's products are sold under its own family of brand names. Kimball also supplies electronic assemblies on a contract basis to customers in the automotive, aerospace, defense, telecommunications, and computer industries.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Kimball International.
Log in and add Kimball International (KBALB) 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
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
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