Uptrend Spotted in Shares of Charles River Laboratories (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 12% as of today's recent price of $38.30.
Charles River Laboratories is currently above its 50-day moving average of $37.07 and above its 200-day moving average of $34.68. 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
---------------------------------------------------------------------------------------------
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
