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Uptrend Call Working As Alamo Group Stock Rises 21.9% (ALG)

By Nick Russo

SmarTrend identified an Uptrend for Alamo Group (NYSE:ALG) on January 11th, 2019 at $81.42. In approximately 3 months, Alamo Group has returned 21.92% as of today's recent price of $99.26.

Over the past year, Alamo Group has traded in a range of $72.50 to $119.16 and is now at $99.26, 37% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.8%.

Alamo Group Inc. designs, manufactures, and distributes heavy duty, tractor-mounted mowing and vegetation maintenance equipment and replacement parts, for industrial and agricultural end-users. The Company sells its products in Europe and the United States.

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

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

Keywords: spotlights alamo group

Ticker(s): ALG