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Lendingtree Inc Shares Up 49.1% Since SmarTrend's Buy Recommendation (TREE)

By Nick Russo

SmarTrend identified an Uptrend for Lendingtree Inc (NASDAQ:TREE) on January 4th, 2019 at $226.74. In approximately 2 months, Lendingtree Inc has returned 49.10% as of today's recent price of $338.07.

In the past 52 weeks, Lendingtree Inc share prices have been bracketed by a low of $183.25 and a high of $391.40 and are now at $338.07, 84% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 2.2%.

LendingTree, Inc. operates a lending business and real estate business. The Company originates, processes, approves and funds various types of residential real estate loans and offers residential mortgage loan settlement services. LendingTree also offers access to home equity loans and lines of credit, personal loans, business loans, and auto loans.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Lendingtree Inc shares.

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

Keywords: spotlights lendingtree inc

Ticker(s): TREE