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Tootsie Roll Ind Shares Down 15.7% Since SmarTrend's Sell Call (TR)

By James Quinn

SmarTrend identified a Downtrend for Tootsie Roll Ind (NYSE:TR) on January 10th, 2018 at $35.43. In approximately 3 months, Tootsie Roll Ind has returned 15.67% as of today's recent price of $29.88.

In the past 52 weeks, Tootsie Roll Ind share prices have been bracketed by a low of $28.50 and a high of $41.65 and are now at $29.88, 5% above that low price. The 200-day and 50-day moving averages have moved 0.18% higher and 0.40% higher over the past week, respectively.

Tootsie Roll Industries, Inc. manufactures and sells confectionery products. The Company offers candies marketed in a variety of packages for display and sale in different types of retail outlets. Tootsie Roll markets its products in the United States, Canada, and Mexico.

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

Log in and add Tootsie Roll Ind (TR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights tootsie roll ind

Ticker(s): TR