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TMCNet:  Shares of HAYN Down 8.5% Since Downtrend Call on Shares

[December 10, 2012]

Shares of HAYN Down 8.5% Since Downtrend Call on Shares

Dec 10, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Haynes International (NASDAQ:HAYN) on September 26th, 2012 at $53.18. In approximately 3 months, Haynes International has returned 8.50% as of today's recent price of $48.66.


In the past 52 weeks, shares of Haynes International have traded between a low of $37.72 and a high of $67.71 and are now at $49.05, which is 30% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 1%.

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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