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Downtrend Call Working As Synchronoss Tech Stock Falls 12.7% (SNCR)

By David Diaz

SmarTrend identified a Downtrend for Synchronoss Tech (NASDAQ:SNCR) on September 6th, 2019 at $6.64. In approximately 2 month, Synchronoss Tech has returned 12.65% as of today's recent price of $5.80.

In the past 52 weeks, Synchronoss Tech share prices have been bracketed by a low of $4.96 and a high of $9.05 and are now at $5.80, 17% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.8%.

Synchronoss Technologies, Inc. provides e-commerce transaction management solutions to the communications services marketplace.

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

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

Keywords: spotlights synchronoss tech

Ticker(s): SNCR