Uptrend Call Working As Alpha Natural Resources Stock Rises 18.2% (ANR)
SmarTrend identified an Uptrend for Alpha Natural Resources (NYSE:ANR) on December 10th, 2012 at $8.69. In approximately 4 weeks, Alpha Natural Resources has returned 18.24% as of today's recent price of $10.28.
In the past 52 weeks, shares of Alpha Natural Resources have traded between a low of $5.28 and a high of $23.68 and are now at $10.28, which is 95% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 1.1% while the 50-day MA has advanced 0.6%.
Alpha Natural Resources, Inc. extracts, processes, and markets steam and metallurgical coal. The Company conducts operations from surface and underground mines located in the northern and central Appalachian regions and Colorado, all located in the United States. Alpha Natural Resources markets its coal to electric utilities, steel and other industrial producers.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Alpha Natural Resources shares.
Log in and add Alpha Natural Resources (ANR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Keywords: spotlights Alpha Natural Resources