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Wageworks Down 23.9% Since SmarTrend Downtrend Call (WAGE)

By Shiri Gupta

SmarTrend identified a Downtrend for Wageworks (NYSE:WAGE) on September 10th, 2018 at $50.45. In approximately 2 months, Wageworks has returned 23.92% as of today's recent price of $38.38.

In the past 52 weeks, Wageworks share prices have been bracketed by a current low of $0.00 and a high of $65.75 and are now at $0.00. Over the past week, the 200-day moving average (MA) has gone down 1% while the 50-day MA has declined 2.6%.

WageWorks, Inc. provides tax-advantaged programs for consumer-directed health, commuter, and other employee spending account benefits, or CDBs, in the United States. The Company operates spending account management programs such as health and dependent care Flexible Spending Accounts (FSAs), Health Savings Accounts (HSAs), Health Reimbursement Arrangements (HRAs, and transit programs.

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

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

Keywords: spotlights wageworks

Ticker(s): WAGE