Aug 24, 2011 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for WuXi PharmaTech Cayman (WX - Snapshot Report) on July 26, 2011 at $16.04. In approximately 4 weeks, WuXi PharmaTech Cayman has returned 24% as of today's recent price of $12.19.

In the past 52 weeks, shares of WuXi PharmaTech Cayman have traded between a low of $11.44 and a high of $19.10 and are now at $12.19, which is 7% above that low price.

WuXi PharmaTech Cayman is currently below its 50-day moving average of $15.54 and below its 200-day moving average of $16.52. 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 1.7% while the 200-day MA has slid 0.4%.

Source:SmarTrend(R)