SmarTrend Detects Continued Buying Pressure in Shares of ITT Educational Services (ESI)
SmarTrend identified an Uptrend for ITT Educational Services (NYSE: ESI) on February 17, 2010 at $100.76. In approximately 3 weeks, ITT Educational Services has returned 9.5% as of today's recent price of $110.38.
ITT Educational Services is currently above its 50-day moving average of $100.71 and above its 200-day moving average of $99.12. 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 ITT Educational Services shares.
Write to Chip Brian at cbrian@tradethetrend.com
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