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Uptrend Call Working As Chefs Warehouse Stock Rises 26.8% (CHEF)

By Shiri Gupta

SmarTrend identified an Uptrend for Chefs Warehouse (NYSE:CHEF) on July 20th, 2017 at $13.88. In approximately 3 weeks, Chefs Warehouse has returned 26.85% as of today's recent price of $17.60.

In the past 52 weeks, shares of Chefs Warehouse have traded between a low of $9.04 and a high of $18.12 and are now at $17.60, which is 95% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.3%.

The Chefs' Warehouse, Inc. is a premier distributor of specialty food products in the United States. The Company is focused on serving the specific needs of chefs who own and/or operate restaurants, fine dining establishments, country clubs, hotels, caterers, culinary schools, and specialty food stores.

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