TMCnet News

Farmer Bros Shares Down 23.4% Since SmarTrend's Sell Call (FARM)
[May 17, 2012]

Farmer Bros Shares Down 23.4% Since SmarTrend's Sell Call (FARM)


May 17, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Farmer Bros (NASDAQ:FARM) on April 5th, 2012 at $9.64. In approximately 1 month, Farmer Bros has returned 23.44% as of today's recent price of $7.38.



Farmer Bros share prices have moved between a 52-week high of $12.45 and a 52-week low of $4.43 and are now trading 67% above that low price at $7.38 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.2% while the 200-day MA has remained constant.

Farmer Brothers Co. roasts, packages and distributes coffee and allied products to restaurants, hotels, hospitals, convenience stores, and fast food outlets.


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

Log in and add Farmer Bros (FARM) 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 [email protected] --------------------------------------------------------------------------------------------- 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

[ Back To TMCnet.com's Homepage ]