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Shares of ALEX Down 50.3% Since Downtrend Call on Shares

By Amy Schwartz

SmarTrend identified a Downtrend for Alexander & Bald (NYSE:ALEX) on November 8th, 2017 at $42.91. In approximately 6 months, Alexander & Bald has returned 50.27% as of today's recent price of $21.34.

In the past 52 weeks, shares of Alexander & Bald have traded between a low of $21.15 and a high of $46.96 and are now at $21.34, which is 1% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.2%.

Alexander & Baldwin Inc operates a real estate and agriculture business. The Company owns, operates and manages land nationwide. Alexander & Baldwin also cultivates raw and specialty sugars, and molasses.

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

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

Keywords: spotlights alexander & bald

Ticker(s): ALEX