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Shares of MEG Up 2.4% Since Uptrend Call on Shares

By Amy Schwartz

SmarTrend identified an Uptrend for Media General (:MEG) on November 11th, 2016 at $18.08. In approximately 34 months, Media General has returned 2.38% as of today's recent price of $18.51.

In the past 52 weeks, shares of Media General have traded between a low of $14.81 and a high of $19.28 and are now at $18.51, which is 25% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

Media General, Inc. a broadcast television and digital media company that operates primarily in the Southeastern United States. The company's broadcast operations include network-affiliated television stations and their associated digital and mobile media services.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Media General shares.

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

Keywords: spotlights :meg media general

Ticker(s): MEG