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Uptrend Call Working As American Greetings Stock Rises 22.7% (AM)

By Shiri Gupta

SmarTrend identified an Uptrend for American Greetings (NYSE:AM) on April 20th, 2016 at $23.95. In approximately 6 months, American Greetings has returned 22.71% as of today's recent price of $29.39.

In the past 52 weeks, American Greetings share prices have been bracketed by a low of $16.47 and a high of $29.76 and are now at $29.39, 78% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.5% while the 200-day MA has slid 0.2%.

American Greetings Corporation and its subsidiaries design, manufacture, and sell everyday and seasonal greeting cards and other social expression products. The Company's products include greeting cards, gift wrap, paper party goods, candles, balloons, stationery, and giftware. American Greetings's products are sold throughout the world.

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

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

Keywords: spotlights American Greetings

Ticker(s): AM