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Downtrend Call Working As Titan Machinery Stock Falls 25.9% (TITN)

By Nick Russo

SmarTrend identified a Downtrend for Titan Machinery (NASDAQ:TITN) on August 18th, 2017 at $16.33. In approximately 2 weeks, Titan Machinery has returned 25.93% as of today's recent price of $12.10.

Over the past year, Titan Machinery has traded in a range of $8.68 to $19.22 and is now at $12.10, 39% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has advanced 2.5%.

Titan Machinery, Inc. owns and operates full service agricultural and construction equipment stores in the US and Europe. The Company sells, rents, and services agricultural and construction equipment, as well as parts.

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

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

Keywords: spotlights titan machinery

Ticker(s): TITN