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Viacom Inc-B Has Returned 33.7% Since SmarTrend Recommendation (VIAB)

By Nick Russo

SmarTrend identified a Downtrend for Viacom Inc-B (NASDAQ:VIAB) on April 25th, 2017 at $42.99. In approximately 4 months, Viacom Inc-B has returned 33.65% as of today's recent price of $28.52.

Viacom Inc-B share prices have moved between a 52-week high of $46.72 and a 52-week low of $27.86 and are now trading 2% above that low price at $28.52 per share. Over the past week, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has advanced 1.0%.

Viacom Inc. produces media entertainment content. The Company creates and acquires programming for television, the Internet, mobile devices, video games, and other consumer electronics products. Viacom also produces, finances, and distributes motion pictures to movie theaters and on DVDs, television, digital and other platforms internationally.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Viacom Inc-B.

Log in and add Viacom Inc-B (VIAB) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights viacom inc-b

Ticker(s): VIAB