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Pattern Ener Shares Down 27.6% Since SmarTrend's Sell Call (PEGI)

By Nick Russo

SmarTrend identified a Downtrend for Pattern Ener (NASDAQ:PEGI) on September 29th, 2017 at $24.58. In approximately 7 months, Pattern Ener has returned 27.57% as of today's recent price of $17.80.

In the past 52 weeks, shares of Pattern Ener have traded between a low of $16.58 and a high of $26.56 and are now at $17.80, which is 7% above that low price. The 200-day and 50-day moving averages have moved 0.59% lower and 1.71% higher over the past week, respectively.

Pattern Energy Group, Inc. is an independent power company focused on owning and operating power projects with stable long-term cash flows in attractive markets with potential for continued growth of our business. The Company owns interests in wind power projects located in the United States, Canada, and Chile.

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

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

Keywords: spotlights pattern ener

Ticker(s): PEGI