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Shares of TROX Down 44.8% Since Downtrend Call on Shares

By Amy Schwartz

SmarTrend identified a Downtrend for Tronox Ltd-Cl A (NYSE:TROX) on November 30th, 2017 at $23.34. In approximately 11 months, Tronox Ltd-Cl A has returned 44.85% as of today's recent price of $12.87.

Tronox Ltd-Cl A share prices have moved between a 52-week high of $28.40 and a 52-week low of $10.75 and are now trading 20% above that low price at $12.87 per share. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 1.7%.

Tronox Limited operates mining and inorganic chemical businesses. The Company mines and processes titanium ore, zircon, and other minerals, as well as manufactures titanium dioxide pigments. Tronox mines trona ore and manufactures natural soda ash, sodium bicarbonate, caustic soda, and other compounds which are used in the production of household products.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Tronox Ltd-Cl A.

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

Keywords: spotlights tronox ltd-cl a

Ticker(s): TROX