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Headwaters Shares Up 24.8% Since SmarTrend's Buy Recommendation (HW)

By James Quinn

SmarTrend identified an Uptrend for Headwaters (NYSE:HW) on November 9th, 2016 at $18.88. In approximately 4 months, Headwaters has returned 24.77% as of today's recent price of $23.55.

In the past 52 weeks, shares of Headwaters have traded between a low of $13.41 and a high of $23.99 and are now at $23.55, which is 76% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has remained constant.

Headwaters Incorporated develops and deploys alternative fuel and related technologies. The Company converts fossil fuels such as coal and heavy oils to alternative energy products while improving energy efficiency and the environment. Headwaters also acquires and expands synergistic new business opportunities.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Headwaters shares.

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

Keywords: spotlights headwaters

Ticker(s): HW