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Tuesday, November 03, 2009

Vectren (VVC) Bearish Technical Alert - Trend Down 5.2%

Comtex

Nov 03, 2009 (SmarTrend(R) Spotlight via COMTEX) ----Vectren (NYSE:VVC) is trading 0.7% lower (down $0.16 to $22.04) today on volume of 137,881 shares. The stock has traded within a 52-week range of $18.08 and $29.00.

Vectren is currently below its 50-day moving average of $23.35 and below its 200-day moving average of $22.78.

SmarTrend is bearish on shares of VVC and our subscribers received a Downtrend alert on August 05, 2009 at $23.26, which has returned 5.2% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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Copyright, Comtex News Network, Inc. 2009

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