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Shares of WPP Up 39.5% Since Uptrend Call on Shares

By James Quinn

SmarTrend identified an Uptrend for Wausau Paper (NYSE:WPP) on October 9th, 2015 at $7.34. In approximately 21 months, Wausau Paper has returned 39.51% as of today's recent price of $10.24.

Wausau Paper share prices have moved between a 52-week high of $10.80 and a 52-week low of $6.36 and are now trading 61% above that low price at $10.24 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Wausau Paper Corp. produces printing and writing, specialty products, and towel and tissue papers. The Company's products include papers for printing and graphic arts, papers for business and education, technical paper, towel and tissue for away-from-home markets, silicone release liners, roll wrap, and torula dried yeast products.

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

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

Keywords: spotlights wausau paper

Ticker(s): WPP