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24.1% Return Seen to Date on SmarTrend Orchid Island Ca Call (ORC)

By David Diaz

SmarTrend identified a Downtrend for Orchid Island Ca (NYSE:ORC) on July 19th, 2017 at $9.77. In approximately 8 months, Orchid Island Ca has returned 24.05% as of today's recent price of $7.42.

In the past 52 weeks, shares of Orchid Island Ca have traded between a low of $6.77 and a high of $12.60 and are now at $7.42, which is 10% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.2%.

Orchid Island Capital Inc. operates as an investment company. The Company invests in residential mortgage-backed securities. Orchid Island Capital serves customers in the State of Florida.

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

Log in and add Orchid Island Ca (ORC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights orchid island ca

Ticker(s): ORC