• Return to Headlines

Amer Axle & Mfg Has Returned 30.8% Since SmarTrend Recommendation (AXL)

By Nick Russo

SmarTrend identified a Downtrend for Amer Axle & Mfg (NYSE:AXL) on October 9th, 2018 at $17.30. In approximately 2 months, Amer Axle & Mfg has returned 30.81% as of today's recent price of $11.97.

Over the past year, Amer Axle & Mfg has traded in a range of $11.26 to $19.63 and is now at $11.97, 6% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 2.5%.

American Axle & Manufacturing Holdings, Inc. is a global Tier-One automotive supplier of driveline and drivetrain systems and related components for light trucks, SUVs, passenger cars, crossover, and commercial vehicles. In addition to locations in the North America, AAM also has offices or facilities in Europe, Asia and South America.

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

Log in and add Amer Axle & Mfg (AXL) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights amer axle & mfg

Ticker(s): AXL