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Downtrend Call Working As Avis Budget Group Stock Falls 20.0% (CAR)

By Shiri Gupta

SmarTrend identified a Downtrend for Avis Budget Group (NYSE:CAR) on May 8th, 2017 at $28.20. In approximately 1 month, Avis Budget Group has returned 20.00% as of today's recent price of $22.56.

In the past 52 weeks, shares of Avis Budget Group have traded between a low of $20.71 and a high of $56.74 and are now at $22.56, which is 9% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.9% while the 200-day MA has slid 1%.

Avis Budget Group, Inc. offers automobile and truck rental services.

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

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

Keywords: spotlights Avis Budget Group

Ticker(s): CAR