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Catchmark Timb-A Down 21.7% Since SmarTrend Downtrend Call (CTT)

By David Diaz

SmarTrend identified a Downtrend for Catchmark Timb-A (NYSE:CTT) on September 18th, 2018 at $11.85. In approximately 2 months, Catchmark Timb-A has returned 21.69% as of today's recent price of $9.28.

Over the past year, Catchmark Timb-Ahas traded in a range of $0.00 to $13.73 and are now at $0.00. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.6% while the 200-day MA has slid 0.7%.

CatchMark Timber Trust Inc is a real estate investment trust. The REIT is engaged exclusively in timberland ownership and management, without ownership of any forest products and other manufacturing operations.

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

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

Keywords: spotlights catchmark timb-a

Ticker(s): CTT