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Bel Fuse Down 12.9% Since SmarTrend Downtrend Call (BELFB)

TMCNet:  Bel Fuse Down 12.9% Since SmarTrend Downtrend Call (BELFB)

[November 09, 2012]

Bel Fuse Down 12.9% Since SmarTrend Downtrend Call (BELFB)

Nov 09, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Bel Fuse (NASDAQ:BELFB) on September 13th, 2012 at $18.40. In approximately 2 months, Bel Fuse has returned 12.86% as of today's recent price of $16.03.

In the past 52 weeks, shares of Bel Fuse have traded between a low of $14.96 and a high of $21.00 and are now at $16.03, which is 7% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.9% while the 200-day MA has slid 0.2%.

Bel Fuse Inc. designs, manufactures, and sells products used in networking, telecommunication, data transmission, and automotive and consumer electronics. The Company's products include magnetic components, fuses, delay lines, and thick film hybrids. Bel Fuse operates facilities around the world.

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

Log in and add Bel Fuse (BELFB) 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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