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Lifeway Foods Down 24.1% Since SmarTrend Downtrend Call (LWAY)

By Nick Russo

SmarTrend identified a Downtrend for Lifeway Foods (NASDAQ:LWAY) on November 10th, 2016 at $14.62. In approximately 4 months, Lifeway Foods has returned 24.08% as of today's recent price of $11.10.

Lifeway Foods share prices have moved between a 52-week high of $21.80 and a 52-week low of $8.68 and are now trading 28% above that low price at $11.10 per share. Over the past week, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 0.8%.

Lifeway Foods, Inc. manufactures cultured, probiotic food products in the health food industry. The Company's products include kefir, Basics Plus dairy based immune-supporting dietary supplement beverage, and Kefir Starter for consumers to make their own kefir. Lifeway also manufactures and markets SoyTreat non- dairy soy kefir.

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

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

Keywords: spotlights lifeway foods

Ticker(s): LWAY