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Bassett Furn Has Returned 18.2% Since SmarTrend Recommendation (BSET)

By Shiri Gupta

SmarTrend identified a Downtrend for Bassett Furn (NASDAQ:BSET) on January 5th, 2018 at $35.95. In approximately 3 months, Bassett Furn has returned 18.23% as of today's recent price of $29.40.

Bassett Furn share prices have moved between a 52-week high of $41.30 and a 52-week low of $22.42 and are now trading 31% above that low price at $29.40 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has remained constant.

Bassett Furniture Industries, Incorporated manufactures and sells furniture. The Company offers bedroom and dining suites, occasional tables and entertainment units, upholstered sofas, love seats, recliners, and mattresses. Bassett Furniture Industries serves customers globally.

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

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

Keywords: spotlights bassett furn

Ticker(s): BSET