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27.4% Return Seen to Date on SmarTrend Rexnord Corp Call (RXN)

By David Diaz

SmarTrend identified an Uptrend for Rexnord Corp (NYSE:RXN) on October 21st, 2019 at $27.81. In approximately 4 months, Rexnord Corp has returned 27.41% as of today's recent price of $35.42.

Rexnord Corp share prices have moved between a 52-week high of $35.64 and a 52-week low of $24.24 and are now trading 46% above that low price at $35.42 per share. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.8%.

Rexnord Corporation conducts process and motion control, as well as water management operations. The Company offers gears, seals, couplings, industrial and aerospace bearings, special components, industrial chain, conveying equipment, grade specification plumbing, water treatment, and waste water control products. Rexnord serves clients worldwide.

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

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

Keywords: spotlights rexnord corp

Ticker(s): RXN