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Downtrend Call Working As Torchmark Corp Stock Falls 3.2% (TMK)

By Nick Russo

SmarTrend identified a Downtrend for Torchmark Corp (NYSE:TMK) on August 2nd, 2019 at $87.87. In approximately 9 months, Torchmark Corp has returned 3.18% as of today's recent price of $85.07.

Over the past year, Torchmark Corp has traded in a range of $83.67 to $93.26 and is now at $85.07, 2% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Torchmark Corporation is an insurance and financial services holding company. The Company's subsidiaries offer life and health insurance, and annuities. Life products include traditional and interest sensitive whole life insurance, as well as term life insurance. Health products include Medicare supplement, cancer, accident, long-term care, and limited hospital, and surgical coverage.

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

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

Keywords: spotlights torchmark corp

Ticker(s): TMK