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Shares of AYI Down 25.3% Since Downtrend Call on Shares

By David Diaz

SmarTrend identified a Downtrend for Acuity Brands (NYSE:AYI) on January 31st, 2018 at $156.56. In approximately 4 months, Acuity Brands has returned 25.26% as of today's recent price of $117.02.

Over the past year, Acuity Brands has traded in a range of $109.98 to $280.89 and is now at $117.02, 6% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.7% while the 200-day MA has risen 0.5%.

Acuity Brands, Inc. designs, produces, and distributes a full range of indoor and outdoor lighting and control systems for commercial and institutional, industrial, infrastructure, and residential applications. The Company manufactures lighting products primarily in North America, Europe, and Asia.

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

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

Keywords: spotlights acuity brands

Ticker(s): AYI