Oct 06, 2011 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for 51job Inc (NASDAQ:JOBS - Snapshot Report) on September 22, 2011 at $47.55. In approximately 2 weeks since that trend was identified, 51job Inc has fallen 12.6% as of Thursday's closing price of $41.58.

In the past 52 weeks, shares of 51job Inc have traded between a low of $35.05 and a high of $69.80 and are now at $41.58, which is 19% above that low price.

51job Inc is currently below its 50-day moving average of $53.50 and below its 200-day moving average of $56.23. 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 2.99% while the 200-day MA has slid 0.24%.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of 51job Inc.