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Uptrend Call Working As Meritor Inc Stock Rises 19.0% (MTOR)

By James Quinn

SmarTrend identified an Uptrend for Meritor Inc (NYSE:MTOR) on January 8th, 2019 at $17.53. In approximately 2 months, Meritor Inc has returned 19.03% as of today's recent price of $20.86.

Meritor Inc share prices have moved between a 52-week high of $23.30 and a 52-week low of $15.01 and are now trading 39% above that low price at $20.86 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.6%.

Meritor, Inc. manufactures automobile components for military suppliers, trucks, trailers, and specialty vehicles. The Company also offers related replacement parts in the transportation and industrial sectors. Meritor offers products including axles, drivelines, braking systems, and suspension systems.

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

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

Keywords: spotlights meritor inc

Ticker(s): MTOR