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SmarTrend Detects Continued Buying Pressure in Shares of Pier 1 Imports (PIR)

Written on Sun, 03/14/2010 - 1:52pm
By Chip Brian

SmarTrend identified an Uptrend for Pier 1 Imports (NYSE:PIR) on November 17, 2009 at $4.18. In approximately 4 months, Pier 1 Imports has returned 74.4% as of today's recent price of $7.29.
Pier 1 Imports is currently above its 50-day moving average of $5.65 and above its 200-day moving average of $3.71. 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 Pier 1 Imports shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): PIR

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