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Fossil Has Returned 68.9% Since SmarTrend Recommendation (FOSL)

By Shiri Gupta

SmarTrend identified a Downtrend for Fossil (NASDAQ:FOSL) on December 16th, 2016 at $30.06. In approximately 6 months, Fossil has returned 68.93% as of today's recent price of $9.34.

In the past 52 weeks, shares of Fossil have traded between a low of $8.98 and a high of $86.50 and are now at $9.34, which is 4% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1% while the 200-day MA has slid 1.2%.

Fossil, Inc. designs, develops, markets, and distributes consumer fashion accessories. The Company's products include an extensive line of men's and women's fashion watches and jewelry sold under proprietary and licensed brands, handbags, small leather goods, belts, sunglasses, and apparel.

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

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

Keywords: spotlights fossil

Ticker(s): FOSL