BJ's Wholesale Club: The Trend Continues Higher (BJ)
SmarTrend identified an Uptrend for BJ's Wholesale Club (NYSE:BJ) on November 10, 2010 at $46.23. In approximately 4 months, BJ's Wholesale Club has returned 6.2% as of today's recent price of $49.08.
In the past 52 weeks, shares of BJ's Wholesale Club have traded between a low of $33.70 and a high of $50.41 and are now at $49.08, which is 46% above that low price.
BJ's Wholesale Club is currently above its 50-day moving average of $47.05 and above its 200-day moving average of $44.01. 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 0.67% while the 200-day MA has risen 0.48%.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of BJ's Wholesale Club shares.
Keywords: Stock research report chart fundamental technical analysis
Ticker(s): BJ