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Imax Corp Shares Down 51.0% Since SmarTrend's Sell Call (IMAX)

By James Quinn

SmarTrend identified a Downtrend for Imax Corp (NYSE:IMAX) on October 7th, 2019 at $21.07. In approximately 5 months, Imax Corp has returned 50.96% as of today's recent price of $10.33.

Over the past year, Imax Corphas traded in a range of $10.26 to $25.75 and are now at $10.33. Over the past week, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 3.2%.

IMAX Corporation offers end-to-end cinematic solution combining proprietary software, theater architecture, and equipment. The Company designs and manufactures premium theater systems and digitally re-masters films into the IMAX format and the exhibition of those films in the IMAX theater network.

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

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

Keywords: spotlights imax corp

Ticker(s): IMAX