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Brightcove Down 18.3% Since SmarTrend Downtrend Call (BCOV)

By Shiri Gupta

SmarTrend identified a Downtrend for Brightcove (NASDAQ:BCOV) on September 10th, 2019 at $10.65. In approximately 5 months, Brightcove has returned 18.27% as of today's recent price of $8.70.

Over the past year, Brightcove has traded in a range of $7.88 to $12.87 and is now at $8.74, 11% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.4% while the 200-day MA has remained constant.

Brightcove Inc. provides video hosting and publishing services. The Company operates a video platform whose services include uploading and encoding, content management, players and styling, delivery, and live streaming. Brightcove offers its services globally.

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

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

Keywords: spotlights brightcove

Ticker(s): BCOV