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Downtrend Call Working As Big 5 Sporting Stock Falls 29.9% (BGFV)

By James Quinn

SmarTrend identified a Downtrend for Big 5 Sporting (NASDAQ:BGFV) on May 9th, 2018 at $7.53. In approximately 4 months, Big 5 Sporting has returned 29.90% as of today's recent price of $5.28.

Over the past year, Big 5 Sporting has traded in a range of $5.05 to $9.75 and is now at $5.28, 4% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 2.7%.

Big 5 Sporting Goods Corporation owns and operates sporting goods stores in the Western United States. The Company's products include athletic shoes, apparel, tennis, golf, ski, snowboard, in-line skating, fitness, outdoor, and team sports equipment for the competitive and recreational sporting goods customer.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Big 5 Sporting.

Log in and add Big 5 Sporting (BGFV) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights big 5 sporting

Ticker(s): BGFV