Uptrend Call Working As USA Truck Stock Rises 44.0% (USAK)
SmarTrend identified an Uptrend for USA Truck (NASDAQ:USAK) on January 17th, 2013 at $3.65. In approximately 2 weeks, USA Truck has returned 44.03% as of today's recent price of $5.25.
In the past 52 weeks, shares of USA Truck have traded between a low of $2.65 and a high of $12.41 and are now at $5.25, which is 98% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 1.2% while the 50-day MA has advanced 4.3%.
USA Truck, Inc. is a medium haul, common, and contract carrier specializing in truckload quantities of general commodities. The Company operates in the continental United States, as well as in parts of Canada and Mexico. USA Truck transports a variety of products including automotive parts and materials, tires, paper, glass, chemicals, retail store merchandise, and aluminum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of USA Truck shares.
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