Market Overview

SmarTrend's Trend Spotter Sees Continued Upward Momentum on Shares of CACI International (CACI)

(via COMTEX News Network)--

SmarTrend identified an Uptrend for CACI International (NASDAQ: CACI) on September 29, 2010 at $44.51. In approximately 5 months, CACI International has returned 31.4% as of today's recent price of $58.48.

In the past 52 weeks, shares of CACI International have traded between a low of $40.00 and a high of $59.29 and are now at $58.48, which is 46% above that low price.

CACI International is currently above its 50-day moving average of $54.62 and above its 200-day moving average of $48.17. 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 0.49% while the 200-day MA has risen 0.3%.

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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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

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