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CPFL Energia Up 88.7% Since SmarTrend Uptrend Call (CPL)

By Shiri Gupta

SmarTrend identified an Uptrend for CPFL Energia (NYSE:CPL) on January 29th, 2016 at $8.12. In approximately 9 months, CPFL Energia has returned 88.66% as of today's recent price of $15.31.

In the past 52 weeks, CPFL Energia share prices have been bracketed by a low of $6.54 and a high of $15.31 and are now at $15.31, 134% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 2.0%.

CPFL Energia S.A., through its subsidiaries, distributes, generates and commercializes electricity in Brazil. The Company also commercializes electricity and provides electricity-related services to its affiliates as well as unaffiliated parties.

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

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

Keywords: spotlights cpfl energia

Ticker(s): CPL