• Return to Headlines

Downtrend Call Working As Sun Hydraulics Stock Falls 1.8% (SNHY)

By Shiri Gupta

SmarTrend identified a Downtrend for Sun Hydraulics (NASDAQ:SNHY) on May 7th, 2019 at $46.50. In approximately 12 months, Sun Hydraulics has returned 1.81% as of today's recent price of $45.66.

Over the past year, Sun Hydraulics has traded in a range of $40.66 to $49.87 and is now at $45.66, 12% above that low. The 200-day and 50-day moving averages have moved 0% lower and 0% lower over the past week, respectively.

Sun Hydraulics Corporation designs and manufactures high-performance, screw-in hydraulic cartridge valves, and manifolds which control force, speed, and motion as integral components in fluid power systems. The Company sells its products worldwide through independent distributors.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Sun Hydraulics.

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

Keywords: spotlights sun hydraulics

Ticker(s): SNHY