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Shoe Carnival Has Returned 26.4% Since SmarTrend Recommendation (SCVL)

By David Diaz

SmarTrend identified an Uptrend for Shoe Carnival (NASDAQ:SCVL) on August 29th, 2019 at $28.94. In approximately 5 months, Shoe Carnival has returned 26.36% as of today's recent price of $36.57.

Over the past year, Shoe Carnival has traded in a range of $21.47 to $41.84 and is now at $36.57, 70% above that low. The 200-day and 50-day moving averages have moved 0.19% higher and 0.56% higher over the past week, respectively.

Shoe Carnival, Inc., a retailer of family footwear, operates primarily in the Midwest, South, and Southeastern regions of the United States. The Company seeks to create a carnival-like atmosphere in each of its stores by decorating with bright lights, colors, and neon signs.

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

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

Keywords: spotlights shoe carnival

Ticker(s): SCVL