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Powell Inds Inc Has Returned 18.3% Since SmarTrend Recommendation (POWL)

By Nick Russo

SmarTrend identified a Downtrend for Powell Inds Inc (NASDAQ:POWL) on January 23rd, 2020 at $45.77. In approximately 3 weeks, Powell Inds Inc has returned 18.28% as of today's recent price of $37.40.

Powell Inds Inc share prices have moved between a 52-week high of $50.81 and a 52-week low of $26.21 and are now trading 43% above that low price at $37.40 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has declined 0.6%.

Powell Industries, Inc. designs, manufactures, and packages equipment and systems for the distribution, control, and management of electrical energy and process control systems. The Company serves industrial customers such as oil and gas producers, refineries, petrochemical plants, transportation facilities, and public and private utilities.

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

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

Keywords: spotlights powell inds inc

Ticker(s): POWL