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Uptrend Spotted in Shares of Matrix Service (MTRX)

Written on Sun, 03/14/2010 - 11:11am
By Chip Brian

SmarTrend identified an Uptrend for Matrix Service (NASDAQ:MTRX) on March 02, 2010 at $11.18. In approximately 1 week, Matrix Service has returned 9% as of today's recent price of $12.19.
Matrix Service is currently above its 50-day moving average of $10.60 and above its 200-day moving average of $10.45. 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 Matrix Service shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): MTRX

Contact Chip Brian



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