1 High Volume Utility Stock Stuck In A Bearish Downtrend

 | Nov 23, 2012 02:10AM ET

Recent Performance of the Stocks Mentioned Below:

Average 1-Week Return: -29.85%
Average 1-Month Return: -45.05%
Average 1-Year Return: -62.12%

1. Centrais Electricas Brasileiras S.A. (EBR). Engages in the generation, distribution, transmission, and commercialization of electric power; and construction and operation of nuclear power plants in Brazil. Today’s trading volume is 2.77 times greater than the three month daily average. Stock trading -36.47% below the 20-day SMA, -42.52% below the 50-day SMA, and -55.52% below the 200-day SMA.

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