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57.1% Return Seen to Date on SmarTrend Cresud SACIF Call (CRESY)

By Amy Schwartz

SmarTrend identified an Uptrend for Cresud SACIF (NASDAQ:CRESY) on May 27th, 2016 at $11.56. In approximately 5 months, Cresud SACIF has returned 57.07% as of today's recent price of $18.15.

Over the past year, Cresud SACIF has traded in a range of $8.50 to $18.37 and is now at $18.15, 114% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 0.5%.

Cresud S.A.C.I.F.y A. purchases and leases farms in Argentina's Pampas region, and produces agricultural products. The Company cultivates grains including wheat, corn, soybeans, and sunflowers, raises beef and dairy cattle, and produces milk.

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

Log in and add Cresud SACIF (CRESY) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights cresud sacif

Ticker(s): CRESY