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Orchid Island Ca Down 26.3% Since SmarTrend Downtrend Call (ORC)

By Amy Schwartz

SmarTrend identified a Downtrend for Orchid Island Ca (NYSE:ORC) on July 19th, 2017 at $9.77. In approximately 10 months, Orchid Island Ca has returned 26.31% as of today's recent price of $7.20.

Over the past year, Orchid Island Ca has traded in a range of $6.77 to $12.60 and is now at $7.20, 6% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.2%.

Orchid Island Capital Inc. operates as an investment company. The Company invests in residential mortgage-backed securities. Orchid Island Capital serves customers in the State of Florida.

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

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

Keywords: spotlights orchid island ca

Ticker(s): ORC