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Downtrend Call Working As Cooper-Standard Stock Falls 31.4% (CPS)

By Shiri Gupta

SmarTrend identified a Downtrend for Cooper-Standard (NYSE:CPS) on September 20th, 2019 at $43.05. In approximately 2 months, Cooper-Standard has returned 31.37% as of today's recent price of $29.54.

In the past 52 weeks, Cooper-Standard share prices have been bracketed by a low of $26.42 and a high of $77.77 and are now at $29.54, 12% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 1.5% while the 50-day MA has declined 2.9%.

Cooper-Standard Holdings Inc. operates as a holding company. The Company, through its subsidiaries, manufactures and distributes sealing, fuel and brake delivery, fluid transfer systems, anti-vibration systems components, subsystems, and modules. Cooper-Standard Holdings conducts business worldwide.

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

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

Keywords: spotlights cooper-standard

Ticker(s): CPS