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Shares of IRBT Down 18.3% Since Downtrend Call on Shares

Mar 08, 2018 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified a Downtrend for Irobot Corp (NASDAQ:IRBT) on February 6th, 2018 at $82.42. In approximately 1 month, Irobot Corp has returned 18.33% as of today's recent price of $67.31.

In the past 52 weeks, Irobot Corp share prices have been bracketed by a low of $33.90 and a high of $109.78 and are now at $67.31, 99% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.6%.

iRobot Corporation manufactures robots that vacuum and wash floors and perform battlefield reconnaissance and bomb disposal. The Company markets its products to consumers through retailers, and to the United States military and other government agencies worldwide.

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

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

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