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Uptrend Call Working As Simpson Mfg Stock Rises 33.0% (SSD)

By James Quinn

SmarTrend identified an Uptrend for Simpson Mfg (NYSE:SSD) on September 1st, 2017 at $43.94. In approximately 6 months, Simpson Mfg has returned 33.05% as of today's recent price of $58.46.

Simpson Mfg share prices have moved between a 52-week high of $61.62 and a 52-week low of $37.06 and are now trading 58% above that low price at $58.46 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has remained constant.

Simpson Manufacturing Co., Inc., through its Simpson Strong-Tie Company Inc. subsidiary, designs, engineers, and manufactures wood-to-wood, wood-to-concrete, and wood-to-masonry connectors, and shear walls. The Company's other subsidiary, Simpson Dura-Vent Company, Inc., designs, engineers, and manufactures venting systems for gas and woodburning appliances.

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

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

Keywords: spotlights simpson mfg

Ticker(s): SSD