Uptrend Call Working As Manitowoc Stock Rises 59.1% (MTW)
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[February 14, 2012]

Uptrend Call Working As Manitowoc Stock Rises 59.1% (MTW)

Feb 14, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Manitowoc (NYSE:MTW) on January 9th, 2012 at $10.30. In approximately 1 month, Manitowoc has returned 59.13% as of today's recent price of $16.39.

In the past 52 weeks, Manitowoc share prices have been bracketed by a low of $5.76 and a high of $23.23 and are now at $16.38, 184% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 3.4% while the 200-day MA has slid 0.7%.


The Manitowoc Company, Inc. is a diversified industrial manufacturer of cranes and related products and foodservice equipment. The Company's products include lattice-boom cranes, tower cranes, mobile telescopic cranes, and boom trucks as well as ice making machines, refrigerators, and freezers.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Manitowoc shares.Log in and add Manitowoc (MTW) 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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