Uptrend Spotted in Shares of Inter Parfums (IPAR)
SmarTrend identified an Uptrend for Inter Parfums (NASDAQ: IPAR) on January 05, 2010 at $12.66. In approximately 2 months, Inter Parfums has returned 13.5% as of today's recent price of $14.37.
Inter Parfums is currently above its 50-day moving average of $12.84 and above its 200-day moving average of $10.84. 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 Inter Parfums shares.
Write to Chip Brian at cbrian@tradethetrend.com
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