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Downtrend Call Working As Greenlight Cap-A Stock Falls 28.5% (GLRE)

By Shiri Gupta

SmarTrend identified a Downtrend for Greenlight Cap-A (NASDAQ:GLRE) on November 8th, 2017 at $21.35. In approximately 6 months, Greenlight Cap-A has returned 28.45% as of today's recent price of $15.28.

In the past 52 weeks, Greenlight Cap-A share prices have been bracketed by a low of $15.00 and a high of $24.10 and are now at $15.25, 2% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has slid 0.7%.

Greenlight Capital Re, Ltd. provides reinsurance underwriting services. The Company offers property and casualty reinsurance products and services. Greenlight Capital Re serves customers in Ireland and Cayman Islands.

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

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

Keywords: spotlights greenlight cap-a

Ticker(s): GLRE