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Tredegar Corp Down 4.9% Since SmarTrend Downtrend Call (TG)

By Shiri Gupta

SmarTrend identified a Downtrend for Tredegar Corp (NYSE:TG) on January 10th, 2020 at $21.31. In approximately 1 month, Tredegar Corp has returned 4.86% as of today's recent price of $20.27.

Tredegar Corp share prices have moved between a 52-week high of $23.48 and a 52-week low of $14.89 and are now trading 36% above that low price at $20.27 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 0.4%.

Tredegar Corporation manufactures plastic films and aluminum extrusions. The Company also has interests in a variety of technology-based businesses. Tredegar's customers include the disposables, packaging, agriculture, building and construction, transportation, electrical, and consumer durables markets, among others.

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

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

Keywords: spotlights tredegar corp

Ticker(s): TG