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Shares of ABTL Down 38.4% Since Downtrend Call on Shares

Jan 11, 2019

Jan 11, 2019 (SmarTrend(R) Spotlight via COMTEX News Network) -- SmarTrend identified a Downtrend for Autobytel Inc (:ABTL) on July 31st, 2017 at $11.39. In approximately 18 months, Autobytel Inc has returned 38.37% as of today's recent price of $7.02.

Over the past year, Autobytel Inc has traded in a range of $6.89 to $7.28 and is now at $7.02, 2% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

Autobytel Inc. provides online commerce and information through its several Web sites. The Company provides marketing, data, technology, and management services to benefit every manufacturer and dealership. Autobytel powers manufacturer and portal auto channels with data and tools to help customers buy cars, generates car sales through its Web sites, and provides advertising.

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

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

Write to SmarTrend at cs@mysmartrend.com

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Copyright, Comtex News Network, Inc. 2019

SOURCE: Comtex

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