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Uptrend Call Working As Cascade Stock Rises 52.1% (CAE)

By David Diaz

SmarTrend identified an Uptrend for Cascade (NYSE:CAE) on February 25th, 2016 at $10.99. In approximately 16 months, Cascade has returned 52.12% as of today's recent price of $16.71.

Cascade share prices have moved between a 52-week high of $16.75 and a 52-week low of $9.34 and are now trading 79% above that low price at $16.71 per share. The 200-day and 50-day moving averages have moved 0.05% higher and 0.59% higher over the past week, respectively.

Cascade Corporation designs, manufactures, and markets materials handling equipment and related technologies. The Company's products include custom hydraulic cylinders, lift truck attachments, hose reels, sideshifters, and forks. Cascade operates around the world.

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

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

Keywords: spotlights cascade

Ticker(s): CAE