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Shares of SFLY Down 34.0% Since Downtrend Call on Shares

By Nick Russo

SmarTrend identified a Downtrend for Shutterfly Inc (NASDAQ:SFLY) on July 23rd, 2018 at $87.84. In approximately 4 months, Shutterfly Inc has returned 33.98% as of today's recent price of $57.99.

In the past 52 weeks, Shutterfly Inc share prices have been bracketed by a low of $39.76 and a high of $100.34 and are now at $57.89, 46% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 2.3%.

Shutterfly, Inc. operates an e-commerce website. The website offers a wide range of photo-related products and services for social expression and personal publishing.

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

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

Keywords: spotlights shutterfly inc

Ticker(s): SFLY