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Fred'S Inc-A Has Returned 54.2% Since SmarTrend Recommendation (FRED)

By James Quinn

SmarTrend identified a Downtrend for Fred'S Inc-A (NASDAQ:FRED) on March 21st, 2017 at $14.26. In approximately 4 months, Fred'S Inc-A has returned 54.19% as of today's recent price of $6.53.

In the past 52 weeks, shares of Fred'S Inc-A have traded between a low of $6.17 and a high of $21.77 and are now at $6.53, which is 6% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 0.4%.

Fred's, Inc. operates discount general merchandise stores in the southeastern United States. The Company also markets goods and services through Fred's Super Dollar Stores and Pharmacies and Fred's Xpress Pharmacies.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Fred'S Inc-A.

Log in and add Fred'S Inc-A (FRED) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights fred's inc-a

Ticker(s): FRED