SmarTrend Vindicated on CACI International Uptrend Call: Stock Price Up 40.0% (CACI)
SmarTrend identified an Uptrend for CACI International (NASDAQ: CACI) on September 29, 2010 at $44.51. In approximately 6 months, CACI International has returned 40% as of today's recent price of $62.33.
In the past 52 weeks, shares of CACI International have traded between a low of $40.00 and a high of $62.75 and are now at $62.33, which is 56% above that low price.
CACI International is currently above its 50-day moving average of $57.89 and above its 200-day moving average of $49.80. 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 1.21% while the 200-day MA has risen 0.63%.
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@mysmartrend.com
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