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Downtrend Call Working As Walgreens Boots Stock Falls 20.5% (WBA)

By Amy Schwartz

SmarTrend identified a Downtrend for Walgreens Boots (NASDAQ:WBA) on March 1st, 2019 at $68.63. In approximately 2 months, Walgreens Boots has returned 20.54% as of today's recent price of $54.53.

Walgreens Boots share prices have moved between a 52-week high of $86.31 and a 52-week low of $53.32 and are now trading 2% above that low price at $54.53 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.7% while the 200-day MA has slid 0.3%.

Walgreens Boots Alliance, Inc. operates as a pharmacy-led health and wellbeing company. It operates through three segments: Retail Pharmacy USA, Retail Pharmacy International, and Pharmaceutical Wholesale.

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

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

Keywords: spotlights walgreens boots

Ticker(s): WBA