TMCNet:  Uptrend Call Working As OM Group Stock Rises 23.8% (OMG)

[June 18, 2013]

Uptrend Call Working As OM Group Stock Rises 23.8% (OMG)

Jun 18, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for OM Group (NYSE:OMG) on May 2nd, 2013 at $25.35. In approximately 2 months, OM Group has returned 23.83% as of today's recent price of $31.39.

Over the past year, OM Group has traded in a range of $15.12 to $31.48 and is now at $31.39, 108% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.9% while the 200-day MA has risen 0.8%.

OM Group, Inc. produces and markets value-added metal-based specialty chemicals and powders. The Company supplies metal carboxylates, inorganic metal salts, and metal powders for diverse applications to a variety of industries. OM's products are used to manufacture coatings, custom catalysts, liquid detergents, lubricants, fuel additives, colorants, and rechargeable batteries.


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