RBC Bearings has Returned 9.0% since Smartrend Recommendation (ROLL)

Resource from: RBC Bearings Incorporated Likes:3061

Apr 20,2011

Apr 19, 2011 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend is monitoring the recent change of momentum in RBC Bearings. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of RBC Bearings in search of a potential trend change. In the past 52 weeks, shares of RBC Bearings have traded between a low of $25.61 and a high of $40.34 and are now at $33.92, which is 32% above that low price. RBC Bearings is currently below its 50-day moving average of $36.70 and below its 200-day moving average of $34.76. Look for these moving averages to decline to confirm the company's downward momentum. In the last five trading sessions, the 50-day MA has fallen 0.5% while the 200-day MA has risen 0.28%. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of RBC Bearings.

(RBC Bearings Incorporated)

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