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June 9, 2022, 4:30 a.m. EDT

Fitbit Inc - A Down 16.9% Since SmarTrend Downtrend Call (FIT)

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Jun 09, 2022 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Fitbit Inc - A /zigman2/quotes/207856681/delayed CA:FIT 0.00% on January 29th, 2021 at $14,200.00. In approximately 16 months, Fitbit Inc - A has returned 16.90% as of today's recent price of $11,800.00.

Over the past year, Fitbit Inc - A has traded in a range of $6.93 to $12300.00 and is now at $11800.00, 170,174% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Fitbit, Inc. manufactures wireless-enabled and wearable fitness devices. The Company produces products that measure data such as the number of steps walked, quality of sleep, calories burned, and other personalized metrics. Fitbit offers products that utilize accelerometers to assist in sensing user movement.

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

Log in and add Fitbit Inc - A (FIT) 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

COMTEX_408439345/2187/2022-06-09T04:29:45

Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

Copyright, Comtex News Network, Inc. 2022

/zigman2/quotes/207856681/delayed
CA : Canadian Securities Exchange
$ 0.06
0.00 0.00%
Volume: 69,225
Sept. 30, 2022 3:53p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$3.58 million
Rev. per Employee
N/A
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