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Flexsteel Inds Has Returned 16.6% Since SmarTrend Recommendation (FLXS)

By James Quinn

SmarTrend identified an Uptrend for Flexsteel Inds (NASDAQ:FLXS) on October 30th, 2019 at $16.19. In approximately 1 month, Flexsteel Inds has returned 16.57% as of today's recent price of $18.87.

Over the past year, Flexsteel Inds has traded in a range of $12.98 to $25.97 and is now at $18.87, 45% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 0.7%.

Flexsteel Industries, Inc. manufactures and sells wooden and upholstered furniture for the retail, contract, and recreational vehicle (RV) furniture markets. The Company's products are sold to furniture dealers, department stores, and RV manufacturers throughout the United States. Flexsteel also sells its products to several national chains that sell on a private label basis.

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

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

Keywords: spotlights flexsteel inds

Ticker(s): FLXS