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TMCNet:  SIFCO Industries Has Returned 27.3% Since SmarTrend Recommendation (SIF)

[December 04, 2012]

SIFCO Industries Has Returned 27.3% Since SmarTrend Recommendation (SIF)

Dec 04, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for SIFCO Industries (AMEX:SIF) on July 25th, 2012 at $19.96. In approximately 4 months, SIFCO Industries has returned 27.34% as of today's recent price of $14.50.

In the past 52 weeks, shares of SIFCO Industries have traded between a low of $14.15 and a high of $23.75 and are now at $14.50, which is 2% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 1.7%.

SIFCO Industries, Inc. produces, repairs, plates, machines, and markets jet engine and other aerospace components. The Company serves the aerospace and airline industries worldwide, through a network of manufacturing, service, and distribution centers in the United States, Europe, and the Far East.

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

Log in and add SIFCO Industries (SIF) 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 --------------------------------------------------------------------------------------------- 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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