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Lsi Industries Shares Down 22.7% Since SmarTrend's Sell Call (LYTS)

Jun 13, 2018 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified a Downtrend for Lsi Industries (NASDAQ:LYTS) on April 23rd, 2018 at $6.95. In approximately 2 months, Lsi Industries has returned 22.73% as of today's recent price of $5.37.

In the past 52 weeks, Lsi Industries share prices have been bracketed by a low of $4.99 and a high of $9.54 and are now at $5.37, 8% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.4% while the 200-day MA has remained constant.

LSI Industries Inc. designs, manufactures, and markets a variety of lighting fixtures, menu board systems, and graphic products. The Company sells its products to the petroleum and convenience store market, the multi-site retail market such as restaurants and automobile dealerships, and the commercial and industrial lighting market.

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

Log in and add Lsi Industries (LYTS) 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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