SmarTrend's Trend Spotter See Continued Upward Momentum on Shares of Nordstrom (JWN)
Friday, March 12, 2010 - 12:14
Written on Fri, 03/12/2010 - 12:14pm
By Chip Brian

SmarTrend identified an Uptrend for Nordstrom (NYSE:JWN) on November 09, 2009 at $34.90. In approximately 4 months, Nordstrom has returned 12.5% as of today's recent price of $39.26.
Nordstrom is currently above its 50-day moving average of $36.25 and above its 200-day moving average of $30.31. 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 Nordstrom shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): JWN

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