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J.C. Penney Co Shares Down 43.3% Since SmarTrend's Sell Call (JCP)

By James Quinn

SmarTrend identified a Downtrend for J.C. Penney Co (NYSE:JCP) on December 16th, 2016 at $8.91. In approximately 7 months, J.C. Penney Co has returned 43.35% as of today's recent price of $5.05.

In the past 52 weeks, J.C. Penney Co share prices have been bracketed by a low of $4.17 and a high of $11.30 and are now at $5.04, 21% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.4% while the 200-day MA has remained constant.

J. C. Penney Company, Inc., through its subsidiary, operates department stores in the United States and Puerto Rico. The Company provides merchandise and services to consumers through department stores, catalog departments, and the Internet. J.C. Penney markets primarily family apparel, jewelry, shoes, accessories, and home furnishings.

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

Log in and add J.C. Penney Co (JCP) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights j.c. penney co

Ticker(s): JCP