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Ulta Salon Cosmetics & Fragrance: The Trend Continues Up (ULTA)

By Chip Brian

SmarTrend identified an Uptrend for Ulta Salon Cosmetics & Fragrance (NASDAQ:ULTA) on March 02, 2010 at $19.41. In approximately 2 weeks, Ulta Salon Cosmetics & Fragrance has returned 17.4% as of today's recent price of $22.79.
Ulta Salon Cosmetics & Fragrance is currently above its 50-day moving average of $19.53 and above its 200-day moving average of $15.37. 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 Ulta Salon Cosmetics & Fragrance shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): ULTA