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Uptrend Call Working As AEP Industries Stock Rises 18.9% (AEPI)

Written on Thu, 02/28/2013 - 11:19am
By James Quinn

SmarTrend identified an Uptrend for AEP Industries (NASDAQ:AEPI) on December 31st, 2012 at $58.53. In approximately 2 months, AEP Industries has returned 18.86% as of today's recent price of $69.56.

Over the past year, AEP Industries has traded in a range of $31.86 to $69.99 and is now at $69.56, 118% above that low. The 200-day and 50-day moving averages have moved 0.95% higher and 1.41% higher over the past week, respectively.

AEP Industries Inc. manufactures plastic packaging films. The Company manufactures a variety of PVC, PE and PP commodity and specialty films. AEP's films are used to manufacture bags, sacks liners, labels and wrapping for the packaging, transportation, beverage, food, automotive, pharmaceutical, chemical, electronics, construction, agriculture and textile industries.

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

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

Keywords: spotlights aep industries

Ticker(s): AEPI

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