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Shares of IMH Down 23.0% Since Downtrend Call on Shares

By Nick Russo

SmarTrend identified a Downtrend for Impac Mtg Hldgs (AMEX:IMH) on July 25th, 2018 at $8.82. In approximately 2 months, Impac Mtg Hldgs has returned 22.99% as of today's recent price of $6.79.

Impac Mtg Hldgs share prices have moved between a 52-week high of $13.85 and a 52-week low of $6.60 and are now trading 3% above that low price at $6.79 per share. Over the past week, the 200-day moving average (MA) has gone down 1.1% while the 50-day MA has declined 2.5%.

Impac Mortgage Holdings, Inc. operates as an independent residential mortgage lender. The Company originates, sells, and services residential mortgage loans within the United States.

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

Log in and add Impac Mtg Hldgs (IMH) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights amex:imh impac mtg hldgs

Ticker(s): IMH