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Covanta Holding Has Returned 23.1% Since SmarTrend Recommendation (CVA)

By Nick Russo

SmarTrend identified an Uptrend for Covanta Holding (NYSE:CVA) on January 9th, 2019 at $14.62. In approximately 4 months, Covanta Holding has returned 23.12% as of today's recent price of $18.00.

In the past 52 weeks, Covanta Holding share prices have been bracketed by a low of $12.92 and a high of $18.25 and are now at $18.00, 39% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.3%.

Covanta Holding Corporation conducts operations in waste disposal, energy services, and specialty insurance. The Company also owns and operates waste-to-energy and power generation projects. Covanta's waste-to-energy facilities convert municipal solid waste into renewable energy for communities primarily in the United States.

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

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

Keywords: spotlights covanta holding

Ticker(s): CVA