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Downtrend Call Working As Macquarie Infras Stock Falls -0.4% (MIC)

By James Quinn

SmarTrend identified a Downtrend for Macquarie Infras (NYSE:MIC) on August 6th, 2019 at $39.04. In approximately 2 months, Macquarie Infras has returned 0.37% as of today's recent price of $39.18.

In the past 52 weeks, Macquarie Infras share prices have been bracketed by a low of $33.71 and a high of $44.69 and are now at $39.18, 16% above that low price. The 200-day and 50-day moving averages have moved 0.05% higher and 0.63% lower over the past week, respectively.

Macquarie Infrastructure Corporation owns and operates a portfolio of businesses that provide services to other businesses, government agencies, and individuals.

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

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

Keywords: spotlights macquarie infras

Ticker(s): MIC