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Vitamin Shoppe: The Losing Streak Continues (VSI)

By Amy Schwartz

Shares of Vitamin Shoppe (NYSE:VSI) traded today at $5.70, breaking its 52-week low. Approximately 84,000 shares have changed hands today, as compared to an average 30-day volume of 337,000 shares.

Vitamin Shoppe, Inc., sells vitamins, minerals, herbs, supplements, sports nutrition and health and wellness products. The Company sells their products through their retail shops, Internet and catalog operations.

Vitamin Shoppe has overhead space with shares priced $5.80, or 61.3% below the average consensus analyst price target of $15.00. The stock should run into initial resistance at its 50-day moving average (MA) of $29.69 and subsequent resistance at its 200-day MA of $31.79.

In the past 52 weeks, shares of Vitamin Shoppe have traded between the current low of $5.70 and a high of $32.31 and are now at $5.80. The 200-day and 50-day moving averages have moved 0.53% lower and 0.12% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Vitamin Shoppe on August 2nd, 2016 by issuing a Downtrend alert when the shares were trading at $28.67. Since that call, shares of Vitamin Shoppe have fallen 79.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: 52 week high/lows Vitamin Shoppe

Ticker(s): VSI