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Weis Markets Inc Down 13.0% Since SmarTrend Downtrend Call (WMK)

By Amy Schwartz

SmarTrend identified a Downtrend for Weis Markets Inc (NYSE:WMK) on March 4th, 2019 at $47.85. In approximately 1 month, Weis Markets Inc has returned 12.98% as of today's recent price of $41.64.

In the past 52 weeks, Weis Markets Inc share prices have been bracketed by a low of $39.73 and a high of $57.82 and are now at $41.51, 4% 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 0.4%.

Weis Markets, Inc. operates a conventional supermarket chain. The Company offers groceries, dairy and deli, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, bakery, beer and wine, fuel, and health and beauty care products. Weis Markets serves customers in 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 Weis Markets Inc.

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

Keywords: spotlights weis markets inc

Ticker(s): WMK