CACI International: The Trend Continues Higher (CACI)
SmarTrend identified an Uptrend for CACI International (NASDAQ: CACI) on September 29, 2010 at $44.51. In approximately 6 months since that trend was identified, CACI International has returned 35.2% as of Thursday's closing price of $60.18.
In the past 52 weeks, shares of CACI International have traded between a low of $40.00 and a high of $60.12 and are now at $60.18, which is 50% above that low price.
CACI International is currently above its 50-day moving average of $56.91 and above its 200-day moving average of $49.33. 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 0.81% while the 200-day MA has risen 0.45%.
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
---------------------------------------------------------------------------------------------
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
