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Shares of SNR Down 25.2% Since Downtrend Call on Shares

By Shiri Gupta

SmarTrend identified a Downtrend for New Senior Inves (NYSE:SNR) on May 10th, 2018 at $7.37. In approximately 6 months, New Senior Inves has returned 25.24% as of today's recent price of $5.51.

Over the past year, New Senior Inves has traded in a range of $5.20 to $8.89 and is now at $5.51, 6% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 1.2%.

New Senior Investment Group Inc. is a real estate investment trust. The Company's portfolio consists of senior housing properties in the United States. New Senior Investment's properties includes managed and triple net lease properties, which are comprised of independent living and health care services.

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

Log in and add New Senior Inves (SNR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights new senior inves

Ticker(s): SNR