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26.9% Return Seen to Date on SmarTrend Timken Call (TKR)

By Amy Schwartz

SmarTrend identified an Uptrend for Timken (NYSE:TKR) on November 9th, 2016 at $35.51. In approximately 4 months, Timken has returned 26.87% as of today's recent price of $45.05.

Over the past year, Timken has traded in a range of $22.22 to $46.45 and is now at $45.05, 103% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.0%.

The Timken Company manufactures and distributes anti-friction roller bearings and specialty alloy steels. The Company's products are used in general industry and in a wide variety of products, including passenger cars, machine tools, farm and construction equipment, and rolling mills, and other products.

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

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

Keywords: spotlights timken

Ticker(s): TKR