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Graco Inc Shares Down 65.8% Since SmarTrend's Sell Call (GGG)

By David Diaz

SmarTrend identified a Downtrend for Graco Inc (NYSE:GGG) on December 27th, 2017 at $134.82. In approximately 3 months, Graco Inc has returned 65.81% as of today's recent price of $46.10.

In the past 52 weeks, shares of Graco Inc have traded between a low of $40.22 and a high of $409.47 and are now at $46.10, which is 15% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.2%.

Graco Inc. supplies technology for the management of fluids in both industrial and commercial applications. The Company designs, manufactures, and markets systems to move, measure, control, dispense, and apply fluid materials. Graco's products are used for applying paints and coatings, high-pressure cleaning of equipment, and lubricating and maintaining vehicles, and other equipment.

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

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

Keywords: spotlights graco inc

Ticker(s): GGG