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16.3% Return Seen to Date on SmarTrend Ashland Call (ASH)
Sep 14, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Ashland (NYSE:ASH) on June 7th, 2012 at $65.68. In approximately 3 months, Ashland has returned 16.32% as of today's recent price of $76.40.
In the past 52 weeks, shares of Ashland have traded between a low of $41.11 and a high of $78.27 and are now at $76.27, which is 86% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 0.8%.
Operating in over 100 countries, Ashland Inc. provides the specialty chemicals, technologies and insights to help customers create new and improved products for today and sustainable solutions for tomorrow. Ashland's chemistry is at work every day in a wide variety of markets and applications, including architectural coatings, automotive, construction, energy, personal care, pharmaceutical, tissue and towel, and water treatment.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Ashland shares.Log in and add Ashland (ASH) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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