Aug 23, 2011 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for 3SBio (SSRX.NSDQ ) on July 21, 2011 at $16.61. In approximately 1 month since that trend was identified, 3SBio has fallen 21.5% as of today's recent price of $13.03.

In the past 52 weeks, shares of 3SBio have traded between a low of $11.89 and a high of $20.00 and are now at $13.03, which is 10% above that low price.

3SBio is currently below its 50-day moving average of $16.03 and below its 200-day moving average of $16.27. 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 1.52% while the 200-day MA has slid 0.19%.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of 3SBio.