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Shares of GPS Down 32.8% Since Downtrend Call on Shares

By James Quinn

SmarTrend identified a Downtrend for Gap Inc/The (NYSE:GPS) on May 13th, 2019 at $23.30. In approximately 3 months, Gap Inc/The has returned 32.78% as of today's recent price of $15.66.

In the past 52 weeks, Gap Inc/The share prices have been bracketed by a current low of $15.66 and a high of $32.98 and are now at $15.66. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.5% while the 200-day MA has slid 0.6%.

The Gap, Inc. operates as an apparel retail company worldwide. The company offers apparel, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, Athleta, and Intermix brands.

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

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

Keywords: spotlights gap inc/the

Ticker(s): GPS