Uptrend Spotted in Shares of Summer Infant (SUMR)
Thursday, March 4, 2010 - 19:42
Written on Thu, 03/04/2010 - 7:42pm
By Chip Brian

SmarTrend identified an Uptrend for Summer Infant (NASDAQ:SUMR) on January 08, 2010 at $5.05. In approximately 2 months, Summer Infant has returned 10.8% as of Thursday's closing price of $5.60.
Summer Infant is currently above its 50-day moving average of $5.00 and above its 200-day moving average of $4.04. 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 Summer Infant shares.

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