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Shares of CVI Down 9.5% Since Downtrend Call on Shares

By James Quinn

SmarTrend identified a Downtrend for Cvr Energy Inc (NYSE:CVI) on May 29th, 2018 at $40.83. In approximately 1 month, Cvr Energy Inc has returned 9.45% as of today's recent price of $36.97.

Over the past year, Cvr Energy Inc has traded in a range of $16.75 to $47.67 and is now at $36.97, 121% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 0.3%.

CVR Energy, Inc. is an independent refiner and marketer of transportation fuels. The Company, also through a limited partnership produces ammonia, urea ammonia nitrate, and fertilizers.

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

Log in and add Cvr Energy Inc (CVI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights cvr energy inc

Ticker(s): CVI