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Chefs Warehouse Shares Up 39.7% Since SmarTrend's Buy Recommendation (CHEF)

By Nick Russo

SmarTrend identified an Uptrend for Chefs Warehouse (NASDAQ:CHEF) on November 30th, 2017 at $20.08. In approximately 6 months, Chefs Warehouse has returned 39.73% as of today's recent price of $28.05.

Over the past year, Chefs Warehouse has traded in a range of $9.04 to $30.32 and is now at $28.05, 210% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has remained constant.

The Chefs' Warehouse, Inc. is a premier distributor of specialty food products in the United States. The Company is focused on serving the specific needs of chefs who own and/or operate restaurants, fine dining establishments, country clubs, hotels, caterers, culinary schools, and specialty food stores.

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

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

Keywords: spotlights chefs warehouse

Ticker(s): CHEF