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Atlas Financial Down 35.6% Since SmarTrend Downtrend Call (AFH)

By Shiri Gupta

SmarTrend identified a Downtrend for Atlas Financial (NASDAQ:AFH) on February 5th, 2018 at $19.33. In approximately 1 month, Atlas Financial has returned 35.58% as of today's recent price of $12.45.

Atlas Financial share prices have moved between a 52-week high of $21.50 and a 52-week low of $10.60 and are now trading 17% above that low price at $12.45 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.3%.

Atlas Financial Holdings Inc., through its subsidiaries, is a specialty commercial transportation insurer. The Company insures Taxi cabs, Limousines, Paratransit and other Business Automobiles across the country.

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

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

Keywords: spotlights atlas financial

Ticker(s): AFH