SmarTrend's Trend Spotter Sees Continued Upward Momentum on Shares of Evercore Partners (EVR)
SmarTrend identified an Uptrend for Evercore Partners (NYSE: EVR) on February 16, 2010 at $31.16. In approximately 4 weeks, Evercore Partners has returned 9% as of today's recent price of $33.95.
Evercore Partners is currently above its 50-day moving average of $31.10 and above its 200-day moving average of $27.29. 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 Evercore Partners shares.
Write to Chip Brian at cbrian@tradethetrend.com
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