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Downtrend Call Working As Spectrum Brands Stock Falls 14.0% (SPB)

By David Diaz

SmarTrend identified a Downtrend for Spectrum Brands (NYSE:SPB) on February 2nd, 2018 at $115.26. In approximately 2 months, Spectrum Brands has returned 13.95% as of today's recent price of $99.18.

Spectrum Brands share prices have moved between a 52-week high of $146.09 and a 52-week low of $91.67 and are now trading 8% above that low price at $99.18 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.4% while the 200-day MA has risen 0.2%.

Spectrum Brands Holdings, Inc. is a global and diversified consumer products company and a supplier of consumer batteries, residential locksets, residential builders' hardware, faucets, shaving and grooming products, personal care products, small household appliances, specialty pet supplies, lawn and garden and home pest control products, and personal insect repellents.

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

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

Keywords: spotlights spectrum brands

Ticker(s): SPB