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SmarTrend Detects Continued Buying Pressure in Shares of Krispy Kreme Doughnuts (KKD)

By Chip Brian

SmarTrend identified an Uptrend for Krispy Kreme Doughnuts (NYSE:KKD) on February 17, 2010 at $3.26. In approximately 4 weeks, Krispy Kreme Doughnuts has returned 21.4% as of today's recent price of $3.96.
Krispy Kreme Doughnuts is currently above its 50-day moving average of $3.20 and above its 200-day moving average of $3.24. 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 Krispy Kreme Doughnuts shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): KKD