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Ascent Capital-A Down 23.5% Since SmarTrend Downtrend Call (ASCMA)

By Nick Russo

SmarTrend identified a Downtrend for Ascent Capital-A (NASDAQ:ASCMA) on August 10th, 2017 at $13.05. In approximately 3 weeks, Ascent Capital-A has returned 23.49% as of today's recent price of $9.99.

In the past 52 weeks, Ascent Capital-A share prices have been bracketed by a low of $8.87 and a high of $26.16 and are now at $9.98, 13% above that low price. The 200-day and 50-day moving averages have moved 2.44% lower and 1.92% higher over the past week, respectively.

Ascent Capital Group, Inc. is a holding company. The Company, through its subsidiaries, is in the business of home security alarm monitoring. Ascent Capital provides monitored business and home security system services through its network of nationwide, independent authorized dealers.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Ascent Capital-A.

Log in and add Ascent Capital-A (ASCMA) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights ascent capital-a

Ticker(s): ASCMA