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SmarTrend Detects Continued Buying Pressure in Shares of G-III Apparel (GIII)

By Chip Brian

SmarTrend identified an Uptrend for G-III Apparel (NASDAQ:GIII) on November 10, 2009 at $17.65. In approximately 4 months, G-III Apparel has returned 23.6% as of today's recent price of $21.81.
G-III Apparel is currently above its 50-day moving average of $19.96 and above its 200-day moving average of $15.57. 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 G-III Apparel shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): GIII