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Uptrend Spotted in Shares of Emerson Electric (EMR)

Written on Sun, 03/14/2010 - 2:29pm
By Chip Brian

SmarTrend identified an Uptrend for Emerson Electric (NYSE:EMR) on February 02, 2010 at $44.90. In approximately 1 month, Emerson Electric has returned 7.1% as of today's recent price of $48.10.
Emerson Electric is currently above its 50-day moving average of $44.92 and above its 200-day moving average of $39.26. 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 Emerson Electric shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): EMR

Contact Chip Brian



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