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Shares of OSTK Down 24.3% Since Downtrend Call on Shares

By Amy Schwartz

SmarTrend identified a Downtrend for Overstock.Com (NASDAQ:OSTK) on March 14th, 2018 at $49.72. In approximately 2 months, Overstock.Com has returned 24.28% as of today's recent price of $37.65.

In the past 52 weeks, shares of Overstock.Com have traded between a low of $13.05 and a high of $89.80 and are now at $37.65, which is 189% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 1% while the 50-day MA has advanced 0.4%.

Overstock.com, Inc. offers discounted brand-name merchandise for sale over the internet. Products include bed-and-bath goods, kitchenware, jewelry, sporting goods, electronics, and designer accessories.

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

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

Keywords: spotlights overstock.com

Ticker(s): OSTK