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Uptrend Call Working As Acuity Brands Stock Rises 31.0% (AYI)

By Amy Schwartz

SmarTrend identified an Uptrend for Acuity Brands (NYSE:AYI) on June 7th, 2018 at $121.58. In approximately 3 months, Acuity Brands has returned 30.98% as of today's recent price of $159.23.

In the past 52 weeks, Acuity Brands share prices have been bracketed by a low of $109.98 and a high of $186.99 and are now at $159.23, 45% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 2.1%.

Acuity Brands, Inc. designs, produces, and distributes a full range of indoor and outdoor lighting and control systems for commercial and institutional, industrial, infrastructure, and residential applications. The Company manufactures lighting products primarily in North America, Europe, and Asia.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Acuity Brands shares.

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

Keywords: spotlights acuity brands

Ticker(s): AYI