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64.1% Return Seen to Date on SmarTrend Steven Madden Call (SHOO)

By David Diaz

SmarTrend identified a Downtrend for Steven Madden (NASDAQ:SHOO) on September 25th, 2018 at $82.50. In approximately 2 months, Steven Madden has returned 64.10% as of today's recent price of $29.62.

Over the past year, Steven Madden has traded in a range of $27.89 to $88.43 and is now at $29.62, 6% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 7%.

Steven Madden, Ltd. designs and markets fashion footwear for women. The Company's shoes are sold through Steve Madden retail stores, department stores, apparel and footwear specialty stores, and online. Steven Madden has licensees, including sportswear and jeans, outerwear, intimate apparel, eyewear, hosiery, and jewelry, and owns and operates a retail store under its David Aaron brand.

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

Log in and add Steven Madden (SHOO) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights steven madden

Ticker(s): SHOO