Downtrend Call Working As PEP Boys Stock Falls 14.2% (PBY)
SmarTrend identified a Downtrend for PEP Boys (NYSE:PBY) on May 1st, 2012 at $11.58. In approximately 8 months, PEP Boys has returned 14.21% as of today's recent price of $9.93.
PEP Boys share prices have moved between a 52-week high of $15.46 and a 52-week low of $8.31 and are now trading 19% above that low price at $9.93 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has slid 0.7%.
The Pep Boys - Manny, Moe & Jack retails automotive parts and accessories, provides automotive maintenance and service, and installs parts. The Company operates PEP BOYS stores in the United States and Puerto Rico.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of PEP Boys.
Log in and add PEP Boys (PBY) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Keywords: spotlights pep boys