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Downtrend Call Working As Lifetime Brands Stock Falls 13.3% (LCUT)

By Nick Russo

SmarTrend identified a Downtrend for Lifetime Brands (NASDAQ:LCUT) on February 8th, 2018 at $16.15. In approximately 1 month, Lifetime Brands has returned 13.31% as of today's recent price of $14.00.

Lifetime Brands share prices have moved between a 52-week high of $21.20 and a 52-week low of $12.03 and are now trading 16% above that low price at $14.00 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 3.4% while the 200-day MA has risen 0.4%.

Lifetime Brands, Inc. designs, markets, and distributes household cutlery, kitchenware, cutting boards, and bakeware. The Company markets its products under its own licensed tradenames. Lifetime Brand's products are distributed through retailers in the United States.

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

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

Keywords: spotlights lifetime brands

Ticker(s): LCUT