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Downtrend Call Working As Autobytel Inc Stock Falls 38.4% (ABTL)

By Shiri Gupta

SmarTrend identified a Downtrend for Autobytel Inc (:ABTL) on July 31st, 2017 at $11.39. In approximately 10 months, Autobytel Inc has returned 38.37% as of today's recent price of $7.02.

In the past 52 weeks, shares of Autobytel Inc have traded between a low of $6.63 and a high of $18.39 and are now at $7.02, which is 6% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1%.

Autobytel Inc. provides online commerce and information through its several Web sites. The Company provides marketing, data, technology, and management services to benefit every manufacturer and dealership. Autobytel powers manufacturer and portal auto channels with data and tools to help customers buy cars, generates car sales through its Web sites, and provides advertising.

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

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

Keywords: spotlights :abtl autobytel inc

Ticker(s): ABTL