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Shares of ZG Down 23.3% Since Downtrend Call on Shares

By James Quinn

SmarTrend identified a Downtrend for Zillow Group I-A (NASDAQ:ZG) on August 8th, 2019 at $41.86. In approximately 1 month, Zillow Group I-A has returned 23.33% as of today's recent price of $32.10.

In the past 52 weeks, shares of Zillow Group I-A have traded between a low of $26.20 and a high of $65.42 and are now at $32.10, which is 23% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.1% while the 200-day MA has remained constant.

Zillow Group, Inc. operates real estate and home-related brands on mobile and the Web in the United States. The company offers a portfolio of brands and products to empowering consumers with unparalleled data, inspiration, and knowledge around homes and connecting them with real estate professionals. Its brands focus on various stages of the home lifecycle, including renting, buying, selling, and financing.

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

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

Keywords: spotlights zillow group i-a

Ticker(s): ZG