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National Cinemed Shares Down 61.9% Since SmarTrend's Sell Call (NCMI)

By Nick Russo

SmarTrend identified a Downtrend for National Cinemed (NASDAQ:NCMI) on January 30th, 2017 at $14.42. In approximately 7 months, National Cinemed has returned 61.88% as of today's recent price of $5.50.

In the past 52 weeks, National Cinemed share prices have been bracketed by a low of $5.29 and a high of $16.10 and are now at $5.50, 4% above that low price. The 200-day and 50-day moving averages have moved 0.2% lower and 0.47% lower over the past week, respectively.

National CineMedia, Inc. operates a digital in-theaters network in North America. The Company provides advertising, CineMeetings, and digital programming events through its network of theaters.

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

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

Keywords: spotlights national cinemed

Ticker(s): NCMI