• Return to Headlines

Titan Machinery Shares Down 16.0% Since SmarTrend's Sell Call (TITN)

By Shiri Gupta

SmarTrend identified a Downtrend for Titan Machinery (NASDAQ:TITN) on August 14th, 2019 at $17.92. In approximately 4 weeks, Titan Machinery has returned 15.96% as of today's recent price of $15.06.

In the past 52 weeks, Titan Machinery share prices have been bracketed by a low of $11.99 and a high of $21.88 and are now at $15.06, 26% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.7%.

Titan Machinery Inc. owns and operates a network of full-service agricultural and construction equipment stores. It operates through three segments: Agriculture, Construction, and International. The company sells new and used equipment, including agricultural and construction equipment manufactured under the CNH family of brands, as well as equipment from various other manufacturers.

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

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

Keywords: spotlights titan machinery

Ticker(s): TITN