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Tootsie Roll Ind Shares Down 4.4% Since SmarTrend's Sell Call (TR)

By David Diaz

SmarTrend identified a Downtrend for Tootsie Roll Ind (NYSE:TR) on September 10th, 2019 at $35.63. In approximately 5 months, Tootsie Roll Ind has returned 4.43% as of today's recent price of $34.05.

In the past 52 weeks, shares of Tootsie Roll Ind have traded between the current low of $0.00 and a high of $40.79 and are now at $0.00. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 0.3%.

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