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Shares of CHDN Up 22.9% Since Uptrend Call on Shares

By Nick Russo

SmarTrend identified an Uptrend for Churchill Downs (NASDAQ:CHDN) on March 29th, 2017 at $158.83. In approximately 5 months, Churchill Downs has returned 22.89% as of today's recent price of $195.18.

In the past 52 weeks, shares of Churchill Downs have traded between a low of $118.88 and a high of $197.10 and are now at $195.18, which is 64% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.2%.

Churchill Downs Incorporated is a horse racing company whose flagship operation, Churchill Downs, is the home of the Kentucky Derby. The Company has additional racing and simulcast-wagering operations in Kentucky, Indiana, and Florida, as well as interests in various racing services companies.

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

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

Keywords: spotlights churchill downs

Ticker(s): CHDN