Charles River Laboratories: The Trend Continues Up (CRL)
SmarTrend identified an Uptrend for Charles River Laboratories (NYSE: CRL) on January 07, 2010 at $34.20. In approximately 2 months, Charles River Laboratories has returned 13.9% as of Thursday's closing price of $38.97.
Charles River Laboratories is currently above its 50-day moving average of $36.15 and above its 200-day moving average of $34.32. 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 Charles River Laboratories shares.
Write to Chip Brian at cbrian@tradethetrend.com
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