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Shares of WWE Down 21.5% Since Downtrend Call on Shares

By James Quinn

SmarTrend identified a Downtrend for World Wrestlin-A (NYSE:WWE) on October 9th, 2018 at $88.61. In approximately 1 month, World Wrestlin-A has returned 21.49% as of today's recent price of $69.57.

In the past 52 weeks, World Wrestlin-A share prices have been bracketed by a current low of $0.00 and a high of $97.69 and are now at $0.00. Over the last five market days, the 200-day moving average (MA) has gone up 1.6% while the 50-day MA has declined 1.4%.

World Wrestling Entertainment, Inc. is an integrated media and entertainment company with offices in the United States, Canada, and the United Kingdom. The Company conducts operations in live wrestling events, original television programming, music, publishing, advertising, licensing, and home video. World Wrestling distributes its programs to countries worldwide in various languages.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of World Wrestlin-A.

Log in and add World Wrestlin-A (WWE) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights world wrestlin-a

Ticker(s): WWE