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Schulman (A) Up 49.2% Since SmarTrend Uptrend Call (SHLM)

By Nick Russo

SmarTrend identified an Uptrend for Schulman (A) (NASDAQ:SHLM) on August 21st, 2017 at $29.80. In approximately 10 months, Schulman (A) has returned 49.16% as of today's recent price of $44.45.

In the past 52 weeks, Schulman (A) share prices have been bracketed by a low of $25.00 and a high of $44.63 and are now at $44.45, 78% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.2%.

A. Schulman, Inc. supplies plastic compounds and resins which are used as raw materials by its customers. The Company combines basic resins purchased from basic resin producers and enhances them with additives. Schulman generally produces compounds to meet customer requirements and on the basis of customer commitments, but also buys and then resells prime and off-grade plastic resins.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Schulman (A) shares.

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

Keywords: spotlights schulman (a)

Ticker(s): SHLM