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Downtrend Call Working As Commscope Holdin Stock Falls 33.0% (COMM)

By Nick Russo

SmarTrend identified a Downtrend for Commscope Holdin (NASDAQ:COMM) on May 1st, 2018 at $28.75. In approximately 6 months, Commscope Holdin has returned 32.96% as of today's recent price of $19.27.

Over the past year, Commscope Holdin has traded in a range of $18.52 to $41.60 and is now at $19.27, 4% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 2.3%.

CommScope Holding Company, Inc. operates as a holding company. The Company, through its subsidiaries, provides end-to-end solutions connecting technology and wireless and wired networks. CommScope serves customers throughout the world.

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

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

Keywords: spotlights commscope holdin

Ticker(s): COMM