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Envestnet Inc Shares Up 28.7% Since SmarTrend's Buy Recommendation (ENV)

By David Diaz

SmarTrend identified an Uptrend for Envestnet Inc (NYSE:ENV) on April 12th, 2017 at $34.35. In approximately 5 months, Envestnet Inc has returned 28.68% as of today's recent price of $44.20.

In the past 52 weeks, Envestnet Inc share prices have been bracketed by a low of $30.80 and a high of $45.17 and are now at $44.20, 44% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.7% while the 200-day MA has slid 0.8%.

Envestnet, Inc. develops, and markets computer software for financial advisors. The Company develops Internet-based software that includes risk assessment, investment strategy selection, asset allocation, research and due diligence, portfolio construction, proposal generation, paperwork preparation, model management, account rebalancing, account monitoring, and other features.

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

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

Keywords: spotlights envestnet inc

Ticker(s): ENV