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Allegheny Tech Down 24.9% Since SmarTrend Downtrend Call (ATI)

By David Diaz

SmarTrend identified a Downtrend for Allegheny Tech (NYSE:ATI) on July 24th, 2019 at $22.97. In approximately 3 weeks, Allegheny Tech has returned 24.89% as of today's recent price of $17.25.

Allegheny Tech share prices have moved between a 52-week high of $30.18 and the current low of $17.06 and are currently at $17.25 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 1.2%.

Allegheny Technologies Incorporated manufactures and sells specialty materials and components worldwide. The company operates through two segments, High Performance Materials & Components, and Flat-Rolled Products.

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

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

Keywords: spotlights allegheny tech

Ticker(s): ATI