SmarTrend identified an Uptrend for Lithia Motors (NYSE:LAD) on November 29th, 2012 at $34.67. In approximately 2 months, Lithia Motors has returned 13.57% as of today's recent price of $39.37.

In the past 52 weeks, shares of Lithia Motors have traded between a low of $21.45 and a high of $41.01 and are now at $39.37, which is 84% above that low price. The 200-day and 50-day moving averages have moved 0.64% higher and 0.78% higher over the past week, respectively.

Lithia Motors, Inc. retail sells new and used vehicles in the western United States. The Company offers domestic and imported makes of new automobiles and light trucks through dealerships in California, Oregon, Washington, and Nevada. Lithia also arranges related financing and insurance contracts, as well as provides vehicle parts, maintenance, and repair services.

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

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