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Uptrend Call Working As Media General Stock Rises 2.4% (MEG)

By David Diaz

SmarTrend identified an Uptrend for Media General (:MEG) on November 11th, 2016 at $18.08. In approximately 35 months, Media General has returned 2.38% as of today's recent price of $18.51.

Media General share prices have moved between a 52-week high of $19.28 and a 52-week low of $14.81 and are now trading 25% above that low price at $18.51 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Media General, Inc. a broadcast television and digital media company that operates primarily in the Southeastern United States. The company's broadcast operations include network-affiliated television stations and their associated digital and mobile media services.

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

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

Keywords: spotlights :meg media general

Ticker(s): MEG