Uptrend Spotted in Shares of Dollar Tree (DLTR)
SmarTrend identified an Uptrend for Dollar Tree (NASDAQ:DLTR) on February 17, 2010 at $49.73. In approximately 3 weeks, Dollar Tree has returned 13.2% as of today's recent price of $56.31.
Dollar Tree is currently above its 50-day moving average of $50.15 and above its 200-day moving average of $47.53. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Dollar Tree shares.
Keywords: Stock research report chart fundamental technical analysis
Ticker(s): DLTR