• Return to Headlines

The Men's Wearhouse Shares Down 77.7% Since SmarTrend's Sell Call (MW)

By Shiri Gupta

SmarTrend identified a Downtrend for The Men's Wearhouse (NYSE:MW) on July 7th, 2015 at $61.40. In approximately 22 months, The Men's Wearhouse has returned 77.67% as of today's recent price of $13.71.

Over the past year, The Men's Wearhouse has traded in a range of $9.95 to $66.18 and is now at $13.71, 38% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

The Men's Wearhouse, Inc. retails men's attire. The Company sells suits, sportswear, furnishings, and accessories. The Men's Wearhouse also operates a manufacturing facility of men's suits and sports coats in Canada.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of The Men's Wearhouse.

Log in and add The Men's Wearhouse (MW) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights the men's wearhouse

Ticker(s): MW