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Lithia Motors Up 21.2% Since SmarTrend Uptrend Call (LAD)

By Shiri Gupta

SmarTrend identified an Uptrend for Lithia Motors (NYSE:LAD) on July 11th, 2016 at $78.15. In approximately 3 months, Lithia Motors has returned 21.24% as of today's recent price of $94.75.

Lithia Motors share prices have moved between a 52-week high of $126.56 and a 52-week low of $68.70 and are now trading 38% above that low price at $94.75 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 0.5%.

Lithia Motors, Inc. retail sells new and used vehicles in the western United States. The Company offers domestic and imported makes of new automobiles and light trucks through dealerships in California, Oregon, Washington, and Nevada. Lithia also arranges related financing and insurance contracts, as well as provides vehicle parts, maintenance, and repair services.

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

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

Keywords: spotlights lithia motors

Ticker(s): LAD