SmarTrend's Trend Spotter Sees Continued Upward Momentum on Shares of Bebe Stores (BEBE)
SmarTrend identified an Uptrend for Bebe Stores (NASDAQ:BEBE) on December 16, 2009 at $6.39. In approximately 3 months, Bebe Stores has returned 42.3% as of today's recent price of $9.09.
Bebe Stores is currently above its 50-day moving average of $6.96 and above its 200-day moving average of $6.88. 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 Bebe Stores shares.
Keywords: Stock research report chart fundamental technical analysis
Ticker(s): BEBE