SmarTrend Detects Continued Buying Pressure in Shares of CapLease (LSE)
Friday, March 19, 2010 - 10:43
Written on Fri, 03/19/2010 - 10:43am
By Chip Brian

SmarTrend identified an Uptrend for CapLease (NYSE:LSE) on November 10, 2009 at $4.04. In approximately 4 months, CapLease has returned 22.5% as of today's recent price of $4.95.
CapLease is currently above its 50-day moving average of $4.60 and above its 200-day moving average of $3.94. 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 CapLease shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): LSE

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