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Ingredion Inc Has Returned 22.5% Since SmarTrend Recommendation (INGR)

By Amy Schwartz

SmarTrend identified a Downtrend for Ingredion Inc (NYSE:INGR) on March 28th, 2018 at $127.49. In approximately 5 months, Ingredion Inc has returned 22.50% as of today's recent price of $98.81.

In the past 52 weeks, Ingredion Inc share prices have been bracketed by a low of $95.01 and a high of $146.28 and are now at $98.81, 4% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 1%.

Ingredion Incorporated refines corn and produces sweeteners and starches. The Company has customers in a wide range of industries, including the food, soft drink, brewing, pharmaceutical, corrugating, paper, and textile industries. Ingredion has Company-owned operations, joint ventures, alliances, and technical licenses in countries around the world.

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

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

Keywords: spotlights ingredion inc

Ticker(s): INGR