Uptrend Call Working As AeroCentury Stock Rises 35.9% (ACY)
SmarTrend identified an Uptrend for AeroCentury (AMEX:ACY) on August 13th, 2012 at $12.69. In approximately 7 months, AeroCentury has returned 35.86% as of today's recent price of $17.24.
Over the past year, AeroCentury has traded in a range of $9.95 to $18.31 and is now at $17.24, 73% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.0%.
AeroCentury Corp. is an operating lessor and finance company which specializes in leasing used regional aircraft and engines. The Company's aircraft and engines are on lease to regional airlines and commercial users in the United States, United Kingdom, Europe, and South America.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of AeroCentury shares.
Log in and add AeroCentury (ACY) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Keywords: spotlights amex:acy aerocentury