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Shares of DNOW Down 28.1% Since Downtrend Call on Shares

By Amy Schwartz

SmarTrend identified a Downtrend for Now Inc (NYSE:DNOW) on April 20th, 2017 at $16.49. In approximately 5 months, Now Inc has returned 28.10% as of today's recent price of $11.86.

In the past 52 weeks, Now Inc share prices have been bracketed by a low of $11.31 and a high of $23.53 and are now at $11.86, 5% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 1.4%.

NOW Inc. distributes oil drilling equipment across the globe. The Company provides maintenance, repair, and operating supplies for the global energy and industrial markets.

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

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

Keywords: spotlights now inc

Ticker(s): DNOW