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TMCNet:  17.0% Return Seen to Date on SmarTrend Dynamic Materials Call (BOOM)

[February 04, 2013]

17.0% Return Seen to Date on SmarTrend Dynamic Materials Call (BOOM)

Feb 04, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Dynamic Materials (NASDAQ:BOOM) on January 3rd, 2013 at $14.35. In approximately 1 month, Dynamic Materials has returned 16.95% as of today's recent price of $16.78.


Over the past year, Dynamic Materials has traded in a range of $12.18 to $24.53 and is now at $16.79, 38% above that low. The 200-day and 50-day moving averages have moved 0.37% lower and 2.35% higher over the past week, respectively.

Dynamic Materials Corporation produces clad metal using explosives and shock synthesis. The Company's products are used in the fabrication of pressure vessels, heat exchangers, and transition joints in the hydrocarbon, chemical, power generation, and petrochemical industries. The Company also forms and welds parts for the commercial aircraft, aerospace, and defense industries.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Dynamic Materials shares.Log in and add Dynamic Materials (BOOM) 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 --------------------------------------------------------------------------------------------- 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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