SmarTrend's Trend Spotter See Continued Upward Momentum on Shares of Pacer International (PACR)
SmarTrend identified an Uptrend for Pacer International (NASDAQ: PACR) on November 04, 2009 at $3.75. In approximately 4 months, Pacer International has returned 22.4% as of today's recent price of $4.59.
Pacer International is currently above its 50-day moving average of $3.15 and above its 200-day moving average of $3.11. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Pacer International shares.
Write to Chip Brian at cbrian@tradethetrend.com
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