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Mattel Inc Shares Down 37.6% Since SmarTrend's Sell Call (MAT)

By Amy Schwartz

SmarTrend identified a Downtrend for Mattel Inc (NYSE:MAT) on January 27th, 2017 at $26.42. In approximately 7 months, Mattel Inc has returned 37.62% as of today's recent price of $16.48.

In the past 52 weeks, shares of Mattel Inc have traded between a low of $15.92 and a high of $123.45 and are now at $16.48, which is 4% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has declined 0.3%.

Mattel, Inc. designs, manufactures, and markets a broad variety of children's toy products on a worldwide basis. The Company sells its products to retailers and directly to consumers. Mattel's products include branded fashion dolls, infant and preschool products, toy cars, and electrical vehicles.

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

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

Keywords: spotlights mattel inc

Ticker(s): MAT