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Callaway Golf Shares Up 20.0% Since SmarTrend's Buy Recommendation (ELY)

By James Quinn

SmarTrend identified an Uptrend for Callaway Golf (NYSE:ELY) on April 4th, 2016 at $9.25. In approximately 7 months, Callaway Golf has returned 19.96% as of today's recent price of $11.09.

In the past 52 weeks, shares of Callaway Golf have traded between a low of $7.97 and a high of $11.89 and are now at $11.09, which is 39% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.7%.

Callaway Golf Company designs, develops, manufactures, and markets golf clubs, which are sold to both average and skilled golfers. The Company's products include titanium drivers, fairway woods, irons, wedges, and various putters. Callaway's products are sold under brand names such as Big Bertha, Hawk Eye, and Odyssey.

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

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

Keywords: spotlights callaway golf

Ticker(s): ELY