Uptrend Spotted in Shares of Atlas America (ATLS)
Tuesday, March 2, 2010 - 14:02
Written on Tue, 03/02/2010 - 2:02pm
By Chip Brian

SmarTrend identified an Uptrend for Atlas America (NASDAQ:ATLS) on February 16, 2010 at $31.55. In approximately 2 weeks, Atlas America has returned 8.7% as of today's recent price of $34.29.
Atlas America is currently above its 50-day moving average of $30.94 and above its 200-day moving average of $24.77. 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 Atlas America shares.

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