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36.5% Return Seen to Date on SmarTrend Timkensteel Call (TMST)

By Nick Russo

SmarTrend identified a Downtrend for Timkensteel (NYSE:TMST) on March 8th, 2019 at $10.91. In approximately 3 months, Timkensteel has returned 36.45% as of today's recent price of $6.93.

Over the past year, Timkensteelhas traded in a range of $6.90 to $18.84 and are now at $6.93. Over the last five market days, the 200-day moving average (MA) has gone down 1.1% while the 50-day MA has declined 3.1%.

TimkenSteel Corporation engineers, manufactures, and markets mechanical components and steel. The Company produces air-melted alloy steel bars, bearings, chains, seals, motion control systems, tubes, and precision components. TimkenSteel serves oil and gas, automotive, industrial equipment, mining, construction, rail, and power generation sectors worldwide.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Timkensteel.

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

Keywords: spotlights timkensteel

Ticker(s): TMST