• Return to Headlines

Supervalu Inc Shares Up 13.5% Since SmarTrend's Buy Recommendation (SVU)

By Amy Schwartz

SmarTrend identified an Uptrend for Supervalu Inc (NYSE:SVU) on May 30th, 2018 at $18.63. In approximately 1 month, Supervalu Inc has returned 13.47% as of today's recent price of $21.14.

In the past 52 weeks, shares of Supervalu Inc have traded between a low of $3.15 and a high of $26.51 and are now at $21.14, which is 571% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.4%.

SUPERVALU, Inc. operates a chain of supermarkets and pharmacies primarily in the United States. The Company also provides supply chain services, which includes wholesale distribution and related logistics support services.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Supervalu Inc shares.

Log in and add Supervalu Inc (SVU) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights supervalu inc

Ticker(s): SVU