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Downtrend Call Working As Nevro Corp Stock Falls 28.1% (NVRO)

By Shiri Gupta

SmarTrend identified a Downtrend for Nevro Corp (NYSE:NVRO) on September 14th, 2018 at $58.32. In approximately 3 months, Nevro Corp has returned 28.08% as of today's recent price of $41.94.

In the past 52 weeks, Nevro Corp share prices have been bracketed by a low of $35.41 and a high of $94.34 and are now at $41.94, 18% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.1% while the 200-day MA has slid 0.8%.

Nevro Corporation is a medical device company focused on providing products for patients suffering from debilitating chronic pain. The Company develops and commercializes a spinal cord stimulation system for the treatment of chronic pain.

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

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

Keywords: spotlights nevro corp

Ticker(s): NVRO