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Terex Has Returned 21.4% Since SmarTrend Recommendation (TEX)
Jan 09, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Terex (NYSE:TEX) on November 26th, 2012 at $24.19. In approximately 1 month, Terex has returned 21.40% as of today's recent price of $29.36.
Over the past year, Terex has traded in a range of $14.05 to $30.00 and is now at $29.30, 109% above that low. The 200-day and 50-day moving averages have moved 0.33% higher and 1.49% higher over the past week, respectively.
Terex Corporation is a diversified global manufacturer. The Company's products include heavy-duty off-road trucks and high-capacity surface mining trucks, as well as large hydraulic mining shovels. Terex also manufactures and sells telescopic mobile cranes, aerial work platforms, utility aerial devices, telescopic material handlers and truck mounted cranes, and related products.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Terex shares.Log in and add Terex (TEX) 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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