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24.4% Return Seen to Date on SmarTrend Federal Mogul Call (FDML)

By James Quinn

SmarTrend identified an Uptrend for Federal Mogul (NASDAQ:FDML) on February 29th, 2016 at $7.41. In approximately 8 months, Federal Mogul has returned 24.43% as of today's recent price of $9.22.

Federal Mogul share prices have moved between a 52-week high of $13.17 and a 52-week low of $3.81 and are now trading 142% above that low price at $9.22 per share. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 4.6%.

Federal-Mogul Corporation supplies products, services and solutions to automotive, light commercial, heavy-duty truck, off-highway, agricultural, marine, rail, and industrial markets.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Federal Mogul shares.

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

Keywords: spotlights federal mogul

Ticker(s): FDML