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Timkensteel Has Returned 48.1% Since SmarTrend Recommendation (TMST)

Aug 14, 2019 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified a Downtrend for Timkensteel (NYSE:TMST) on March 8th, 2019 at $10.91. In approximately 5 months, Timkensteel has returned 48.10% as of today's recent price of $5.66.

Timkensteel share prices have moved between a 52-week high of $18.84 and the current low of $5.66 and are currently at $5.66 per share. The 200-day and 50-day moving averages have moved 0.86% lower and 0.99% lower over the past week, respectively.

TimkenSteel Corporation engineers, manufactures, and markets mechanical components and steel. The Company produces air-melted alloy steel bars, bearings, chains, seals, motion control systems, tubes, and precision components. TimkenSteel serves oil and gas, automotive, industrial equipment, mining, construction, rail, and power generation sectors worldwide.

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

Log in and add Timkensteel (TMST) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to SmarTrend at cs@mysmartrend.com

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