SmarTrend Detects Continued Buying Pressure in Shares of Diedrich Coffee (DDRX)
SmarTrend identified an Uptrend for Diedrich Coffee (NASDAQ:DDRX) on November 06, 2009 at $26.12. In approximately 6 months, Diedrich Coffee has returned 35.3% as of today's recent price of $35.35.
Diedrich Coffee is currently above its 50-day moving average of $34.75 and above its 200-day moving average of $29.98. 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 Diedrich Coffee shares.
Keywords: Stock research report chart fundamental technical analysis
Ticker(s): DDRX