SmarTrend identified an Uptrend for Lodgian LGN on January 12, 2010 at $1.77. In approximately 3 months, Lodgian has returned 43.1% as of today's recent price of $2.54.
Lodgian is currently above its 50-day moving average of $2.41 and above its 200-day moving average of $1.74. 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 Lodgian shares.
Write to Chip Brian at cbrian@tradethetrend.com
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