Sep 12, 2011  Shares of JinkoSolar  traded at a new 52-week low Friday of $10.31. Approximately 921,000 shares have traded hands Friday vs. average 30-day volume of 733,000 shares.

JinkoSolar closed at $10.59, approximately 46.7% below its 50-day moving average of $19.88. SmarTrend will be monitoring shares of JKS to see if this bearish momentum will continue.

In the last five trading sessions, the 50-day MA has fallen 3.67% while the 200-day MA has slid 0.81%.

In the past 52 weeks, shares of JinkoSolar have traded between a low of $11.65 and a high of $41.75 and are now at $10.64, which is 25% of that high price.

SmarTrend currently has shares of JinkoSolar in an Downtrend and issued the Downtrend alert on July 12, 2011 at $22.84. The stock has fallen 48.2% since the Downtrend alert was issued.