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Downtrend Call Working As Biglari Holdings Stock Falls 47.0% (BH)

By James Quinn

SmarTrend identified a Downtrend for Biglari Holdings (NYSE:BH) on April 27th, 2018 at $367.04. In approximately 2 months, Biglari Holdings has returned 46.98% as of today's recent price of $194.61.

Biglari Holdings share prices have moved between a 52-week high of $443.80 and a 52-week low of $191.00 and are now trading 2% above that low price at $194.61 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 4.2%.

Biglari Holdings, Inc., through subsidiaries, operates restaurants primarily in the Midwestern and Southeastern United States. The Company's restaurants offer steakburgers, french fries, hand-dipped milk shakes, and other food items.

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

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

Keywords: spotlights biglari holdings

Ticker(s): BH