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Shares of CECE Down 18.2% Since Downtrend Call on Shares

By Nick Russo

SmarTrend identified a Downtrend for Ceco Environmntl (NASDAQ:CECE) on November 8th, 2017 at $6.41. In approximately 4 months, Ceco Environmntl has returned 18.19% as of today's recent price of $5.24.

In the past 52 weeks, shares of Ceco Environmntl have traded between a low of $4.00 and a high of $14.88 and are now at $5.24, which is 31% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has slid 0.9%.

CECO Environmental Corp. is involved in the air quality management and pollution control industries. The Company manufactures and sells industrial air filters and filter fabrics, as well as supplies air quality improvement systems. CECO also provides environmental maintenance, monitoring, and management services.

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

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

Keywords: spotlights ceco environmntl

Ticker(s): CECE