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Shares of RGS Down 18.7% Since Downtrend Call on Shares

By Amy Schwartz

SmarTrend identified a Downtrend for Regis Corp (NYSE:RGS) on November 4th, 2019 at $20.04. In approximately 1 month, Regis Corp has returned 18.67% as of today's recent price of $16.30.

In the past 52 weeks, shares of Regis Corp have traded between a low of $14.50 and a high of $23.27 and are now at $16.30, which is 12% 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 declined 1%.

Regis Corporation operates and franchises hair and retail product salons. The Company offers haircare services such as haircuts, styling, coloring, as well as haircare products. The Company operates worldwide.

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

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

Keywords: spotlights regis corp

Ticker(s): RGS