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Downtrend Call Working As Plum Creek Timber Stock Falls 21.3% (PCL)

By Amy Schwartz

SmarTrend identified a Downtrend for Plum Creek Timber (NYSE:PCL) on December 21st, 2015 at $46.42. In approximately 16 months, Plum Creek Timber has returned 21.28% as of today's recent price of $36.54.

In the past 52 weeks, shares of Plum Creek Timber have traded between a low of $35.20 and a high of $51.63 and are now at $36.54, which is 4% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Plum Creek Timber Company, Inc. grows, harvests, and markets timber and logs, and manufactures forest products such as lumber and plywood. The Company owns timberlands located in the United States. Plum Creek also owns natural resource businesses that focus on mineral extraction and natural gas production

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

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

Keywords: spotlights plum creek timber

Ticker(s): PCL