SmarTrend's Trend Spotter See Continued Upward Momentum on Shares of Autoliv (ALV)
SmarTrend identified an Uptrend for Autoliv (NYSE: ALV) on February 01, 2010 at $46.47. In approximately 2 months, Autoliv has returned 6.3% as of today's recent price of $49.42.
Autoliv is currently above its 50-day moving average of $44.97 and above its 200-day moving average of $37.32. 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 Autoliv shares.
Write to Chip Brian at cbrian@tradethetrend.com
---------------------------------------------------------------------------------------------
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.mysmartrend.com/signup
