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Shares of AGCO Up 6.8% Since Uptrend Call on Shares

By David Diaz

SmarTrend identified an Uptrend for Agco Corp (NYSE:AGCO) on March 26th, 2020 at $46.42. In approximately 2 months, Agco Corp has returned 6.82% as of today's recent price of $49.58.

Over the past year, Agco Corp has traded in a range of $35.33 to $81.39 and is now at $49.63, 40% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 1.3%.

AGCO Corporation manufactures and distributes agricultural equipment. The Company sells a wide range of agricultural equipment and related replacement parts, including tractors, combines, hay tools, sprayers, and forage equipment. AGCO serves customers worldwide.

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

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

Keywords: spotlights AGCO Corp

Ticker(s): AGCO