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TMCNet:  Shares of CVV Down 29.7% Since Downtrend Call on Shares

[November 28, 2012]

Shares of CVV Down 29.7% Since Downtrend Call on Shares

Nov 28, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for CVD Equipment (AMEX:CVV) on May 18th, 2012 at $11.97. In approximately 6 months, CVD Equipment has returned 29.66% as of today's recent price of $8.42.

CVD Equipment share prices have moved between a 52-week high of $16.06 and a 52-week low of $7.25 and are now trading 16% above that low price at $8.42 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has remained constant.

CVD Equipment Corporation develops, manufactures, and markets chemical vapor deposition equipment, annealing furnaces, and etching systems. The Company also manufactures gas flow control systems and quartzware. CVD's products are sold to the semiconductor, optoelectronic, wireless telecommunications, and aerospace industries.

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

Log in and add CVD Equipment (CVV) 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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