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Shares of WWW Down 14.6% Since Downtrend Call on Shares

By James Quinn

SmarTrend identified a Downtrend for Wolverine World (NYSE:WWW) on March 25th, 2019 at $34.75. In approximately 2 months, Wolverine World has returned 14.62% as of today's recent price of $29.67.

In the past 52 weeks, shares of Wolverine World have traded between a low of $29.00 and a high of $39.77 and are now at $29.67, which is 2% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 1.4%.

Wolverine World Wide, Inc. manufactures and markets branded footwear and performance leathers. The Company's products include shoes, slippers, occupational and safety footwear, and performance outdoor footwear, among others.

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

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

Keywords: spotlights wolverine world

Ticker(s): WWW