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Shares of TIS Down 49.9% Since Downtrend Call on Shares

By Amy Schwartz

SmarTrend identified a Downtrend for Orchids Paper Pr (AMEX:TIS) on March 21st, 2017 at $25.90. In approximately 5 months, Orchids Paper Pr has returned 49.86% as of today's recent price of $12.99.

In the past 52 weeks, shares of Orchids Paper Pr have traded between a low of $8.31 and a high of $36.31 and are now at $12.99, which is 56% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.3%.

Orchids Paper Products Company manufactures bulk tissue paper, known as parent rolls and converts parent rolls into a full line of tissue products. The Company markets paper towels, bathroom tissue, paper napkins, and other products to the private label segment of the consumer tissue market, and focuses on serving value retailers. Orchids Paper serves customers in the United States.

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

Log in and add Orchids Paper Pr (TIS) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights amex:tis orchids paper pr

Ticker(s): TIS