Friday, March 19, 2010 - 10:33
By Chip Brian

SmarTrend identified an Uptrend for Pier 1 Imports (NYSE:PIR) on November 17, 2009 at $4.18. In approximately 4 months, Pier 1 Imports has returned 64.1% as of today's recent price of $6.86.
Pier 1 Imports is currently above its 50-day moving average of $5.98 and above its 200-day moving average of $3.95. 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 Pier 1 Imports shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): PIR