Market Overview

Uptrend Call Realized As L'Oreal Stock Rises 7.2% (LRLCY)

(via COMTEX News Network)--

SmarTrend identified an Uptrend for L'Oreal (NASDAQ: LRLCY) on March 30, 2011 at $23.38. In approximately 2 months since that trend was identified, L'Oreal has returned 7.2% as of Thursday's closing price of $25.06.

In the past 52 weeks, shares of L'Oreal have traded between a low of $17.46 and a high of $25.85 and are now at $25.06, which is 44% above that low price.

L'Oreal is currently above its 50-day moving average of $23.87 and above its 200-day moving average of $22.81. Look for these moving averages to climb to confirm the company's upward momentum.

In the last five trading sessions, the 50-day MA has climbed 0.35% while the 200-day MA has risen 0.2%.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of L'Oreal shares.

Write to Chip Brian at


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

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

View Comments and Join the Discussion!