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Downtrend Call Working As Weyco Group Stock Falls 18.2% (WEYS)

By David Diaz

SmarTrend identified a Downtrend for Weyco Group (NASDAQ:WEYS) on May 13th, 2019 at $31.38. In approximately 1 month, Weyco Group has returned 18.25% as of today's recent price of $25.65.

In the past 52 weeks, Weyco Group share prices have been bracketed by a low of $25.00 and a high of $39.93 and are now at $25.66, 3% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.4% while the 200-day MA has slid 0.5%.

Weyco Group, Inc., together with its subsidiaries, designs and distributes footwear. The company operates through two segments, North American Wholesale and North American Retail.

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

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

Keywords: spotlights weyco group

Ticker(s): WEYS