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Scientific Gam-A Down 49.7% Since SmarTrend Downtrend Call (SGMS)

By Nick Russo

SmarTrend identified a Downtrend for Scientific Gam-A (NASDAQ:SGMS) on June 19th, 2018 at $54.70. In approximately 3 months, Scientific Gam-A has returned 49.73% as of today's recent price of $27.50.

Scientific Gam-A share prices have moved between a 52-week high of $62.80 and a 52-week low of $25.30 and are now trading 9% above that low price at $27.50 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 3.3% while the 200-day MA has slid 0.8%.

Scientific Games Corporation provides services, systems, and products to both the pari-mutuel gaming and instant ticket lottery industries. The Company operates an instant ticket and online lottery products, systems, and services business. Scientific Games also operates wagering and communications, venue management, and telecommunications products businesses.

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

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

Keywords: spotlights scientific gam-a

Ticker(s): SGMS