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Ternium Has Returned 24.1% Since SmarTrend Recommendation (TX)
[March 26, 2012]

Ternium Has Returned 24.1% Since SmarTrend Recommendation (TX)


Mar 26, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Ternium (NYSE:TX) on January 10th, 2012 at $19.59. In approximately 3 months, Ternium has returned 24.14% as of today's recent price of $24.32.

Ternium share prices have moved between a 52-week high of $36.87 and a 52-week low of $15.31 and are now trading 59% above that low price at $24.28 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has advanced 1.9%.



Ternium SA, through subsidiaries, manufactures and processes steel. The Company produces cold rolled coils and sheets, tin, galvanized and electrogalvanized sheets, pre-painted sheets, tailor-made flat products, bars, and wire rod in Argentina, Venezuela, and Mexico.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Ternium shares.Log in and add Ternium (TX) 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 [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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