18.3% Return Seen to Date on SmarTrend China Southern Airlines Call (ZNH)

Loading...
Loading...
(via COMTEX News Network)--

SmarTrend identified an Uptrend for China Southern Airlines ZNH on June 24, 2011 at $26.50. In approximately 3 weeks, China Southern Airlines has returned 18.3% as of today's recent price of $31.34.

In the past 52 weeks, shares of China Southern Airlines have traded between a low of $19.80 and a high of $39.30 and are now at $31.34, which is 58% above that low price.

China Southern Airlines is currently above its 50-day moving average of $26.35 and above its 200-day moving average of $28.03. 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 0.8% while the 200-day MA has remained constant.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of China Southern Airlines shares.

Write to Chip Brian at cbrian@mysmartrend.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

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Press ReleasesAirlinesIndustrials
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...