Downtrend Call Working As Family Dollar Stores Stock Falls 14.0% (FDO)
SmarTrend identified a Downtrend for Family Dollar Stores (NYSE:FDO) on December 12th, 2012 at $65.83. In approximately 1 month, Family Dollar Stores has returned 14.00% as of today's recent price of $56.61.
Over the past year, Family Dollar Stores has traded in a range of $53.03 to $74.73 and is now at $56.61, 7% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 1% while the 200-day MA has remained constant.
Family Dollar Stores, Inc. is a national discount store chain. The Company operates stores located throughout the United States that offer merchandise that includes consumables, home products, apparel and accessories, seasonal and electronics.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Family Dollar Stores.
Log in and add Family Dollar Stores (FDO) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Keywords: spotlights family dollar stores