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Uptrend Call Working As Chefs Warehouse Stock Rises 17.7% (CHEF)

By James Quinn

SmarTrend identified an Uptrend for Chefs Warehouse (NASDAQ:CHEF) on June 28th, 2019 at $34.65. In approximately 3 months, Chefs Warehouse has returned 17.68% as of today's recent price of $40.77.

Over the past year, Chefs Warehouse has traded in a range of $29.73 to $41.92 and is now at $40.77, 37% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.3%.

The Chefs' Warehouse, Inc., together with its subsidiaries, distributes specialty food products in the United States and Canada. Its product portfolio includes approximately 48,000 stock-keeping units comprising specialty food products, such as artisan charcuterie, specialty cheeses, unique oils and vinegars, truffles, caviar, chocolate, and pastry products.

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

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

Keywords: spotlights chefs warehouse

Ticker(s): CHEF