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Downtrend Call Working As Digimarc Corp Stock Falls 23.9% (DMRC)

By Amy Schwartz

SmarTrend identified a Downtrend for Digimarc Corp (NASDAQ:DMRC) on October 5th, 2018 at $27.88. In approximately 1 month, Digimarc Corp has returned 23.89% as of today's recent price of $21.22.

Over the past year, Digimarc Corphas traded in a range of $0.00 to $41.75 and are now at $0.00. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.3% while the 200-day MA has slid 1.1%.

Digimarc Corporation provides digital watermarking technologies that allow imperceptible digital code to be embedded in printed and digital versions of visual content. Content includes movies, photographic and artistic images, and valuable documents such as financial instruments, passports, and tickets.

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

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

Keywords: spotlights digimarc corp

Ticker(s): DMRC