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Koppers Holdings Down 54.6% Since SmarTrend Downtrend Call (KOP)

By David Diaz

SmarTrend identified a Downtrend for Koppers Holdings (NYSE:KOP) on June 21st, 2018 at $39.33. In approximately 6 months, Koppers Holdings has returned 54.56% as of today's recent price of $17.87.

In the past 52 weeks, Koppers Holdings share prices have been bracketed by a low of $17.57 and a high of $51.65 and are now at $18.11, 3% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 4.2% while the 200-day MA has slid 1.2%.

Koppers Holdings, Inc. manufactures carbon compounds and wood treatments. The Company distills coal tar into carbon pitch, creosote, and phthalic anhydride, which are used to produce aluminum, plasticizers, and specialty chemicals. Koppers also manufactures railroad ties.

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

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

Keywords: spotlights koppers holdings

Ticker(s): KOP