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TMCNet:  Downtrend Call Working As Haynes International Stock Falls 10.8% (HAYN)

[November 16, 2012]

Downtrend Call Working As Haynes International Stock Falls 10.8% (HAYN)

Nov 16, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Haynes International (NASDAQ:HAYN) on September 26th, 2012 at $53.18. In approximately 2 months, Haynes International has returned 10.85% as of today's recent price of $47.41.


In the past 52 weeks, Haynes International share prices have been bracketed by a low of $37.72 and a high of $67.71 and are now at $47.42, 26% above that low price. The 200-day and 50-day moving averages have moved 0.26% lower and 0.06% lower over the past week, respectively.

Haynes International, Inc. develops, manufactures, and markets high performance alloys, primarily for use in the aerospace and chemical processing industries.

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

Log in and add Haynes International (HAYN) 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 --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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