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Shares of GLBL Up 54.9% Since Uptrend Call on Shares

By Amy Schwartz

SmarTrend identified an Uptrend for Terraform Glob-A (:GLBL) on July 1st, 2016 at $3.28. In approximately 21 months, Terraform Glob-A has returned 54.88% as of today's recent price of $5.08.

Over the past year, Terraform Glob-A has traded in a range of $2.53 to $5.10 and is now at $5.08, 101% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 1.1% while the 50-day MA has remained constant.

TerraForm Global, Inc. owns and operates contracted clean power generation assets. The Company offers wind, geothermal, hydroelectric, and hybrid energy solutions. TerraForm Global serves customers worldwide.

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

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

Keywords: spotlights :glbl terraform glob-a

Ticker(s): GLBL