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Weis Markets Down 9.1% Since SmarTrend Downtrend Call (WMK)
Dec 13, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified a Downtrend for Weis Markets (NYSE:WMK) on October 3rd, 2012 at $41.96. In approximately 2 months, Weis Markets has returned 9.07% as of today's recent price of $38.15.
In the past 52 weeks, shares of Weis Markets have traded between a low of $37.65 and a high of $45.96 and are now at $38.15, which is 1% above that low price. The 200-day and 50-day moving averages have moved 0.14% lower and 0.57% lower over the past week, respectively.
Weis Markets, Inc. operates retail food markets in Pennsylvania, Maryland, New Jersey, New York, Virginia, and West Virginia. The Company also operates the SuperPetz pet supply chain of stores.
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.
Log in and add Weis Markets (WMK) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
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