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Downtrend Call Working As Oil Dri Corp Stock Falls 35.3% (ODC)

Jan 11, 2019

Jan 11, 2019 (SmarTrend(R) Spotlight via COMTEX News Network) -- SmarTrend identified a Downtrend for Oil Dri Corp (NYSE:ODC) on August 2nd, 2018 at $41.75. In approximately 5 months, Oil Dri Corp has returned 35.30% as of today's recent price of $27.01.

In the past 52 weeks, Oil Dri Corp share prices have been bracketed by a low of $24.25 and a high of $46.73 and are now at $27.01, 11% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 0.8%.

Oil-Dri Corporation of America develops, manufactures, and markets sorbent products. The Company's products, consisting primarily of cat litter, are used in the consumer, fluids purification, agricultural, industrial, and automotive markets. They are sold through the grocery products industry, mass merchandisers, warehouse clubs, and pet specialty retail outlets.

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

Log in and add Oil Dri Corp (ODC) 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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