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Shares of ARCB Down 23.1% Since Downtrend Call on Shares

By Shiri Gupta

SmarTrend identified a Downtrend for Arcbest Corp (NASDAQ:ARCB) on February 28th, 2019 at $35.10. In approximately 4 months, Arcbest Corp has returned 23.09% as of today's recent price of $26.99.

Over the past year, Arcbest Corp has traded in a range of $24.68 to $51.45 and is now at $26.99, 9% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 1.1% while the 50-day MA has declined 1.4%.

ArcBest Corporation is a diversified holding company involved in motor carrier transportation and intermodal transportation operations. The Company transports a variety of goods around the world.

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

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

Keywords: spotlights arcbest corp

Ticker(s): ARCB