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Shares of TEX Down 40.0% Since Downtrend Call on Shares

By Nick Russo

SmarTrend identified a Downtrend for Terex Corp (NYSE:TEX) on February 18th, 2020 at $25.08. In approximately 4 weeks, Terex Corp has returned 40.02% as of today's recent price of $15.04.

Terex Corp share prices have moved between a 52-week high of $34.67 and the current low of $13.83 and are currently at $15.35 per share. The 200-day and 50-day moving averages have moved 0.72% lower and 3.46% lower over the past week, respectively.

Terex Corporation is a diversified global manufacturer operating in four business segments such as aerial work platforms, construction, cranes, and materials processing. Terex manufactures a broad range of equipment for use in various industries including the construction, infrastructure, quarrying, mining, shipping, transportation, refining, energy, and utility industries.

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

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

Keywords: spotlights terex corp

Ticker(s): TEX