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Media General Has Returned 2.4% Since SmarTrend Recommendation (MEG)

By Shiri Gupta

SmarTrend identified an Uptrend for Media General (:MEG) on November 11th, 2016 at $18.08. In approximately 37 months, Media General has returned 2.38% as of today's recent price of $18.51.

In the past 52 weeks, Media General share prices have been bracketed by a low of $14.81 and a high of $19.28 and are now at $18.51, 25% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Media General, Inc. operates as a broadcast television and digital media company that operates primarily in the Southeastern United States. The Company's broadcast operations include network-affiliated television stations and their associated digital and mobile media services.

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

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

Keywords: spotlights :meg media general

Ticker(s): MEG