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TMCNet:  STR Holdings Down 99.9%, Shares Slide into the Red (STRI)

[December 21, 2012]

STR Holdings Down 99.9%, Shares Slide into the Red (STRI)

Dec 21, 2012 (SmarTrend(R) Spotlight via COMTEX) -- STR Holdings (NASDAQ:STRI) is one of today's worst performing low-priced stocks, down 99.9% to $2.60 on 1.2x average daily volume. Thus far today, STR Holdings has traded 273,000 shares, vs. average volume of 223,000 shares per day. The stock has matched the Dow (with a -1.1% move) and matched the S&P 500 (with a -1.1% move) during today's trading.
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Potential upside of 46.5% exists for STR Holdings, based on a current level of $2.60 and analysts' average consensus price target of $3.81. The stock should hit resistance at its 200-day moving average (MA) of $3.61, as well as support at its 50-day MA of $2.39.

STR Holdings Inc. manufactures solar power modules encapsulants. Encapsulants are extruded sheets and film which hold the solar module together and protect the semiconductor circuit of a solar panel. The Company also offers inspection, testing and audit services to assure that consumer products meet safety, regulatory, quality, and performance and social standards.

In the past 52 weeks, STR Holdings share prices have been bracketed by a low of $1.93 and a high of $3177.10 and are now at $2.60, 35% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.3% while the 200-day MA has slid 3.4%.

SmarTrend is monitoring the recent change of momentum in STR Holdings. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of STR Holdings in search of a potential trend change.

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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