Canon: The Trend Continues Up (CAJ)
Friday, March 19, 2010 - 10:51
Written on Fri, 03/19/2010 - 10:51am
By Chip Brian

SmarTrend identified an Uptrend for Canon (NYSE:CAJ) on February 22, 2010 at $42.06. In approximately 4 weeks, Canon has returned 7.7% as of today's recent price of $45.31.
Canon is currently above its 50-day moving average of $41.83 and above its 200-day moving average of $38.54. 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 Canon shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): CAJ

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