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Chicago Bridge & Shares Down 18.7% Since SmarTrend's Sell Call (CBI)

By James Quinn

SmarTrend identified a Downtrend for Chicago Bridge & (NYSE:CBI) on March 2nd, 2018 at $17.17. In approximately 2 month, Chicago Bridge & has returned 18.72% as of today's recent price of $13.96.

Over the past year, Chicago Bridge & has traded in a range of $9.55 to $39.71 and is now at $13.96, 46% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has slid 0.5%.

Chicago Bridge & Iron Company N.V. provides designing, engineering, construction, fabrication, maintenance, and environmental services. The Company builds and repairs bulk liquid terminals, storage tanks, process vessels, and low temperature and cryogenic storage facilities. CB&I offers its services worldwide to the oil and gas, infrastructure, wastewater, and power industries.

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

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

Keywords: spotlights chicago bridge &

Ticker(s): CBI