• Return to Headlines

Minerals Tech Down 22.0% Since SmarTrend Downtrend Call (MTX)

By James Quinn

SmarTrend identified a Downtrend for Minerals Tech (NYSE:MTX) on July 25th, 2018 at $74.10. In approximately 3 months, Minerals Tech has returned 22.01% as of today's recent price of $57.79.

In the past 52 weeks, shares of Minerals Tech have traded between the current low of $57.75 and a high of $80.80 and are now at $57.79. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 1.6%.

Minerals Technologies Inc. is a resource- and technology-based organization that develops and produces performance-enhancing minerals, mineral-based, and synthetic mineral products. The Company offers its products to the paper, steel, polymer, and other manufacturing industries on a worldwide basis.

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

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

Keywords: spotlights minerals tech

Ticker(s): MTX