SmarTrend identified an Uptrend for Fossil (NASDAQ:FOSL) on February 16, 2010 at $35.99. In approximately 3 weeks, Fossil has returned 8.3% as of today's recent price of $38.99.
Fossil is currently above its 50-day moving average of $34.80 and above its 200-day moving average of $28.95. 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 Fossil shares.
Keywords: Stock research report chart fundamental technical analysis
Ticker(s): FOSL