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Downtrend Call Working As Schweitzer-Maudu Stock Falls 26.7% (SWM)

By Amy Schwartz

SmarTrend identified a Downtrend for Schweitzer-Maudu (NYSE:SWM) on July 25th, 2018 at $42.29. In approximately 4 months, Schweitzer-Maudu has returned 26.70% as of today's recent price of $31.00.

Schweitzer-Maudu share prices have moved between a 52-week high of $48.06 and the current low of $30.69 and are currently at $31.00 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.8% while the 200-day MA has slid 0.7%.

Schweitzer-Mauduit International, Inc. manufactures and sells fine papers to the tobacco industry. The Company also produces specialty paper products for use in other applications such as alkaline batteries, vacuum cleaner bags, business forms, and printing and packaging applications.

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

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

Keywords: spotlights schweitzer-maudu

Ticker(s): SWM