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Kraft Heinz Co/T Down 16.9% Since SmarTrend Downtrend Call (KHC)

Sep 11, 2019 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified a Downtrend for Kraft Heinz Co/T (NASDAQ:KHC) on February 22nd, 2019 at $35.25. In approximately 7 months, Kraft Heinz Co/T has returned 16.87% as of today's recent price of $29.31.

Over the past year, Kraft Heinz Co/T has traded in a range of $24.86 to $59.91 and is now at $29.31, 18% above that low. The 200-day and 50-day moving averages have moved 1.44% lower and 1.19% lower over the past week, respectively.

The Kraft Heinz Company manufactures and markets food and beverage products in the United States, Canada, Europe, and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Kraft Heinz Co/T.

Log in and add Kraft Heinz Co/T (KHC) 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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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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