SmarTrend Detects Continued Buying Pressure in Shares of Callaway Golf (ELY)
Thursday, March 4, 2010 - 12:33
Written on Thu, 03/04/2010 - 12:33pm
By Chip Brian

SmarTrend identified an Uptrend for Callaway Golf (NYSE:ELY) on December 29, 2009 at $7.86. In approximately 2 months, Callaway Golf has returned 7.6% as of today's recent price of $8.46.
Callaway Golf is currently above its 50-day moving average of $7.91 and above its 200-day moving average of $7.07. 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 Callaway Golf shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): ELY

Contact Chip Brian



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