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Weis Markets Inc Shares Down 19.1% Since SmarTrend's Sell Call (WMK)

By Amy Schwartz

SmarTrend identified a Downtrend for Weis Markets Inc (NYSE:WMK) on March 4th, 2019 at $47.85. In approximately 2 months, Weis Markets Inc has returned 19.14% as of today's recent price of $38.69.

In the past 52 weeks, shares of Weis Markets Inc have traded between a low of $38.11 and a high of $57.82 and are now at $38.69, which is 2% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 1.2%.

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