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Downtrend Call Working As Hollysys Automation Technologies Stock Falls 21.7% (HOLI)

By Amy Schwartz

SmarTrend identified a Downtrend for Hollysys Automation Technologies (NASDAQ:HOLI) on October 13th, 2016 at $20.82. In approximately 6 months, Hollysys Automation Technologies has returned 21.74% as of today's recent price of $16.29.

In the past 52 weeks, shares of Hollysys Automation Technologies have traded between a low of $15.00 and a high of $27.06 and are now at $16.29, which is 9% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has remained constant.

Hollysys Automation Technologies Ltd. manufactures automation and control systems. The Company produces process, industrial, rail and subway, and nuclear power plant automation equipment.

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

Log in and add Hollysys Automation Technologies (HOLI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights hollysys automation technologies

Ticker(s): HOLI