• Return to Headlines

Echo Global Logi Down 24.4% Since SmarTrend Downtrend Call (ECHO)

By David Diaz

SmarTrend identified a Downtrend for Echo Global Logi (NASDAQ:ECHO) on July 20th, 2017 at $18.39. In approximately 3 weeks, Echo Global Logi has returned 24.42% as of today's recent price of $13.90.

Echo Global Logi share prices have moved between a 52-week high of $28.90 and a 52-week low of $13.00 and are now trading 7% above that low price at $13.90 per share. Over the past week, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has declined 0.4%.

Echo Global Logistics, Inc. provides technology enabled business process outsourcing (BPO) for transportation and logistics. The Company's core logistics services include pre-engagement freight analysis, rate negotiation, shipment execution and tracking, carrier management, routing compliance, freight bill audit and payment, and performance management and reporting.

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

Log in and add Echo Global Logi (ECHO) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights echo global logi

Ticker(s): ECHO