Jan 28, 2011 (SmarTrend(R) Market Surveillance via COMTEX) — Ternium (NYSE:TX) is one of today’s notable stocks in decline, down 0.8% to $39.10. The S&P is currently trading 1% lower to 1,287 and the Dow Jones Industrial Average is trading 0.7% lower to 11,909.
Ternium is in SmarTrend’s Steel & Iron industry and this industry is currently in an Uptrend according to our research. We are monitoring many other stocks on the move within this industry.
In the last five trading sessions, the 50-day MA has climbed 1.28% while the 200-day MA has remained constant.
In the past 52 weeks, shares of Ternium have traded between a low of $27.70 and a high of $43.85 and are now at $39.10, which is 41% above that low price.
SmarTrend is monitoring the recent change of momentum in Ternium. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Ternium in search of a potential trend change.
Write to Chip Brian at [email protected]
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