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Terex Corp Shares Down 49.5% Since SmarTrend's Sell Call (TEX)

By David Diaz

SmarTrend identified a Downtrend for Terex Corp (NYSE:TEX) on February 18th, 2020 at $25.08. In approximately 1 month, Terex Corp has returned 49.51% as of today's recent price of $12.66.

In the past 52 weeks, shares of Terex Corp have traded between a low of $12.24 and a high of $34.67 and are now at $12.66, which is 3% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has declined 3.9%.

Terex Corporation is a diversified global manufacturer operating in four business segments such as aerial work platforms, construction, cranes, and materials processing. Terex manufactures a broad range of equipment for use in various industries including the construction, infrastructure, quarrying, mining, shipping, transportation, refining, energy, and utility industries.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Terex Corp.

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

Keywords: spotlights terex corp

Ticker(s): TEX