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Shares of DAN Down 18.8% Since Downtrend Call on Shares

By Shiri Gupta

SmarTrend identified a Downtrend for Dana Inc (NYSE:DAN) on February 2nd, 2018 at $32.23. In approximately 1 month, Dana Inc has returned 18.83% as of today's recent price of $26.16.

Over the past year, Dana Inc has traded in a range of $9.80 to $35.27 and is now at $26.16, 167% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has advanced 0.3%.

Dana Inc. engineers, manufactures, and distributes components and systems for worldwide automotive, heavy truck, off-highway, engine, and industrial markets. The Company also provides leasing services in selected markets.

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

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

Keywords: spotlights dana inc

Ticker(s): DAN