Uptrend Spotted in Shares of CACI International (CACI)
SmarTrend identified an Uptrend for CACI International (NASDAQ: CACI) on September 29, 2010 at $44.51. In approximately 4 months, CACI International has returned 28% as of today's recent price of $56.97.
In the past 52 weeks, shares of CACI International have traded between a low of $40.00 and a high of $56.55 and are now at $56.97, which is 42% above that low price.
CACI International is currently above its 50-day moving average of $52.93 and above its 200-day moving average of $47.53. Look for these moving averages to climb to confirm the company's upward momentum.
In the last five trading sessions, the 50-day MA has climbed 0.63% while the 200-day MA has risen 0.21%.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of CACI International shares.
Write to Chip Brian at cbrian@tradethetrend.com
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