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Downtrend Call Working As Mindbody Inc-A Stock Falls 28.2% (MB)

By Amy Schwartz

SmarTrend identified a Downtrend for Mindbody Inc-A (NASDAQ:MB) on October 9th, 2018 at $37.62. In approximately 1 month, Mindbody Inc-A has returned 28.23% as of today's recent price of $27.00.

Mindbody Inc-A share prices have moved between a 52-week high of $45.50 and a 52-week low of $13.75 and are now trading 96% above that low price at $26.96 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 1.5%.

MINDBODY, Inc. provides business management software. The Company develops a cloud-based business management software and payments platform for the wellness services industry. MINDBODY serves customers worldwide.

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

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

Keywords: spotlights mindbody inc-a

Ticker(s): MB