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Shares of MTRN Up 44.4% Since Uptrend Call on Shares

By Nick Russo

SmarTrend identified an Uptrend for Materion Corp (NYSE:MTRN) on January 9th, 2019 at $46.55. In approximately 4 months, Materion Corp has returned 44.35% as of today's recent price of $67.19.

Over the past year, Materion Corp has traded in a range of $42.50 to $71.97 and is now at $67.19, 58% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has risen 0.2%.

Materion Corporation, through its subsidiaries, produces and supplies high-performance engineered materials. The Company provides beryllium, beryllium alloys, and electronic products, as well as engineered material systems. Materion has manufacturing facilities, service and distribution centers, and research facilities in the United States and internationally.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Materion Corp shares.

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

Keywords: spotlights materion corp

Ticker(s): MTRN