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Standard Motor Has Returned 15.8% Since SmarTrend Recommendation (SMP)

By James Quinn

SmarTrend identified an Uptrend for Standard Motor (NYSE:SMP) on October 15th, 2019 at $47.97. In approximately 3 weeks, Standard Motor has returned 15.84% as of today's recent price of $55.57.

In the past 52 weeks, shares of Standard Motor have traded between a low of $42.03 and a high of $56.49 and are now at $55.57, which is 32% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.6% while the 200-day MA has risen 0.2%.

Standard Motor Products, Inc. manufactures replacement parts and automotive related items for the automotive industry. The Company's products include ignition and electrical parts, emission and engine controls, sensors, battery cables, clutches, blower motors, condensers, and hoses, among others. Standard Motor sells its products primarily throughout the United States and Canada.

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

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

Keywords: spotlights standard motor

Ticker(s): SMP