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% (MTRN)

By Shiri Gupta

SmarTrend identified a Downtrend for Materion Corp (NYSE:MTRN) on September 26th, 2019 at $61.19. In approximately 2 weeks, Materion Corp has returned 4.27% as of today's recent price of $58.57.

In the past 52 weeks, Materion Corp share prices have been bracketed by a low of $42.50 and a high of $71.97 and are now at $58.57, 38% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has declined 0.6%.

Materion Corporation, through its subsidiaries, produces and supplies high-performance engineered materials. The Company provides beryllium, beryllium alloys, and electronic products, as well as engineered material systems. Materion has manufacturing facilities, service and distribution centers, and research facilities in the United States and internationally.

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

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

Keywords: spotlights materion corp

Ticker(s): MTRN