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Uptrend Call Working As Covanta Holding Stock Rises 16.8% (CVA)

By Nick Russo

SmarTrend identified an Uptrend for Covanta Holding (NYSE:CVA) on January 9th, 2019 at $14.62. In approximately 2 months, Covanta Holding has returned 16.83% as of today's recent price of $17.08.

In the past 52 weeks, shares of Covanta Holding have traded between a low of $12.92 and a high of $18.05 and are now at $17.08, which is 32% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.8% while the 200-day MA has risen 0.2%.

Covanta Holding Corporation conducts operations in waste disposal, energy services, and specialty insurance. The Company also owns and operates waste-to-energy and power generation projects. Covanta's waste-to-energy facilities convert municipal solid waste into renewable energy for communities primarily in the United States.

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

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

Keywords: spotlights covanta holding

Ticker(s): CVA