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Minerals Technologies Up 17.8% Since SmarTrend Uptrend Call (MTX)
Feb 04, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Minerals Technologies (NYSE:MTX) on November 23rd, 2012 at $36.38. In approximately 2 months, Minerals Technologies has returned 17.80% as of today's recent price of $42.85.
In the past 52 weeks, shares of Minerals Technologies have traded between a low of $30.44 and a high of $43.28 and are now at $42.76, which is 40% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.8% while the 200-day MA has risen 0.7%.
Minerals Technologies Inc. is a resource- and technology-based organization that develops and produces performance-enhancing minerals, mineral-based, and synthetic mineral products. The Company's products are used for paper, steel, polymer, and other manufacturing industries on a worldwide basis.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Minerals Technologies shares.Log in and add Minerals Technologies (MTX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@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
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup
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