Aug 25, 2011 (SmarTrend(R) Spotlight via COMTEX) -- AgFeed Industries (NASDAQ:FEED) is one of today's worst performing low-priced stocks, down 2.9% to $1.02 on 0.2x average daily volume. Approximately 354,000 shares have traded hands today vs. 30-day average volume of 1.8 million shares.

High volume often signals a change in trends. Shares of AgFeed Industries are currently trading below their 50-day moving average (MA) of $1.27 and below their 200-day MA of $1.89.

SmarTrend scans for speculative low-price stocks under $5 for reversals in trends. A large price movement may signal continuation or reversal of a trend.

AgFeed Industries is in SmarTrend's Farm Products industry and this industry is currently in a Downtrend. An industry trend that matches the stock's trend helps to add conviction to the stock's Downtrend and price prediction.

SmarTrend currently has shares of AgFeed Industries in an Downtrend and issued the Downtrend alert on August 03, 2011 at $1.27. The stock has fallen 17.6% since the Downtrend alert was issued.

Source:zacks