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Microstrategy Has Returned 15.6% Since SmarTrend Recommendation (MSTR)

By Nick Russo

SmarTrend identified a Downtrend for Microstrategy (NASDAQ:MSTR) on July 28th, 2017 at $152.80. In approximately 1 month, Microstrategy has returned 15.58% as of today's recent price of $129.00.

Over the past year, Microstrategy has traded in a range of $123.36 to $207.28 and is now at $129.00, 5% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.2%.

MicroStrategy Incorporated provides business intelligence software and related services. The Company's technology platform enables departments and enterprises to deploy Web-based reporting and analysis solutions. MicroStrategy also offers consulting, training, and support services. MicroStrategy offers its solutions to retail, finance, telecommunications, insurance, and healthcare sectors.

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

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

Keywords: spotlights microstrategy

Ticker(s): MSTR