SmarTrend identified an Uptrend for American Greetings (NYSE:AM) on September 5th, 2012 at $14.71. In approximately 3 months, American Greetings has returned 17.20% as of today's recent price of $17.24.

American Greetings share prices have moved between a 52-week high of $17.85 and a 52-week low of $12.47 and are now trading 38% above that low price at $17.22 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.5%.

American Greetings Corporation and its subsidiaries design, manufacture, and sell everyday and seasonal greeting cards and other social expression products. The Company's products include greeting cards, gift wrap, paper party goods, candles, balloons, stationery, and giftware. American Greetings's products are sold throughout the world.

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

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