Shire: The Trend Continues Up (SHPGY)
SmarTrend identified an Uptrend for Shire (NASDAQ:SHPGY) on October 21, 2009 at $51.80. In approximately 5 months, Shire has returned 29% as of today's recent price of $66.84.
Shire is currently above its 50-day moving average of $60.56 and above its 200-day moving average of $51.89. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Shire shares.
Keywords: Stock research report chart fundamental technical analysis
Ticker(s): SHPGY