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Downtrend Call Working As Echostar Corp-A Stock Falls 18.5% (SATS)

By Amy Schwartz

SmarTrend identified a Downtrend for Echostar Corp-A (NASDAQ:SATS) on February 6th, 2018 at $57.53. In approximately 4 months, Echostar Corp-A has returned 18.55% as of today's recent price of $46.86.

Over the past year, Echostar Corp-A has traded in a range of $45.55 to $62.50 and is now at $46.86, 3% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 0.7%.

EchoStar Corporation manufactures broadcast satellite receivers and antennas and offers commercial satellite services.

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

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

Keywords: spotlights echostar corp-a

Ticker(s): SATS