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30.4% Return Seen to Date on SmarTrend Donaldson Call (DCI)

By Shiri Gupta

SmarTrend identified an Uptrend for Donaldson (NYSE:DCI) on August 1st, 2016 at $36.03. In approximately 11 months, Donaldson has returned 30.45% as of today's recent price of $47.00.

In the past 52 weeks, shares of Donaldson have traded between a low of $25.21 and a high of $48.91 and are now at $47.00, which is 86% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.9%.

Donaldson Company, Inc. manufactures filtration systems and replacement parts. The Company's products include filters and emission control products for heavy duty mobile equipment, in-plant air cleaning systems, air intake systems for industrial gas turbines, and specialized filters for computer disk drives, aircraft cabins, and semiconductors. Donaldson operates around the world.

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

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

Keywords: spotlights donaldson

Ticker(s): DCI