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Sprouts Farmers Down 24.1% Since SmarTrend Downtrend Call (SFM)

By David Diaz

SmarTrend identified a Downtrend for Sprouts Farmers (NASDAQ:SFM) on November 30th, 2018 at $23.18. In approximately 9 months, Sprouts Farmers has returned 24.09% as of today's recent price of $17.60.

In the past 52 weeks, shares of Sprouts Farmers have traded between a low of $16.46 and a high of $29.67 and are now at $17.60, which is 7% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.9% while the 200-day MA has slid 0.7%.

Sprouts Farmers Market, Inc. operates a chain of retail grocery stores. The Company offers meats, cheese, dairy products, bakery, beer and wine, bulk foods, vitamins, and supplements. Sprouts Farmers Market serves customers throughout 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 Sprouts Farmers.

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

Keywords: spotlights sprouts farmers

Ticker(s): SFM