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Shares of AMG Down 29.2% Since Downtrend Call on Shares

By David Diaz

SmarTrend identified a Downtrend for Affil Managers (NYSE:AMG) on August 10th, 2018 at $147.95. In approximately 4 months, Affil Managers has returned 29.23% as of today's recent price of $104.70.

Affil Managers share prices have moved between a 52-week high of $217.00 and the current low of $101.34 and are currently at $104.70 per share. The 200-day and 50-day moving averages have moved 0.79% lower and 1.8% lower over the past week, respectively.

Affiliated Managers Group, Inc. is a global asset management company that invests in boutique investment management firms. The Company allows the firms in which it invests operational autonomy while providing assistance in strategic matters, marketing, distribution, product development, and operations.

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

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

Keywords: spotlights affil managers

Ticker(s): AMG