Sep 06, 2011 -- SmarTrend identified a Downtrend for China Sunergy on July 12, 2011 at $1.78. In approximately 2 months, China Sunergy has returned 39% as of today's recent price of $1.09.

In the past 52 weeks, shares of China Sunergy have traded between a low of $1.09 and a high of $4.98 and are now at $1.09, which is -0% above that low price.

China Sunergy is currently below its 50-day moving average of $1.54 and below its 200-day moving average of $3.28. Look for these moving averages to decline to confirm the company's downward momentum.

In the last five trading sessions, the 50-day MA has fallen 3.91% while the 200-day MA has slid 2.48%.

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