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Headwaters Shares Up 25.5% Since SmarTrend's Buy Recommendation (HW)

By David Diaz

SmarTrend identified an Uptrend for Headwaters (NYSE:HW) on November 9th, 2016 at $18.88. In approximately 5 months, Headwaters has returned 25.46% as of today's recent price of $23.68.

Over the past year, Headwaters has traded in a range of $13.41 to $23.99 and is now at $23.68, 77% above that low. 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