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Technical Analysis
- 8/31/2009 1:16:29 PM
By Chip Brian, SmarTrend Analytics Team
Callaway Golf (NYSE:ELY) is trading 0.4% higher (up $0.03 to $7.15) today on volume of 278,428 shares. The stock has traded within a 52-week range of $4.66 and $15.45.
Callaway Golf is currently above its 50-day moving average of $5.88 and should find resistance at its 200-day moving average of $7.37.
SmarTrend is bullish on shares of ELY and our subscribers received an Uptrend alert on July 30, 2009 at $6.34, which has returned 12.8% to date.
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