Friday, March 19, 2010 - 10:57
By Chip Brian

SmarTrend identified an Uptrend for Carpenter Technology (NYSE:CRS) on February 17, 2010 at $30.37. In approximately 1 month, Carpenter Technology has returned 13.7% as of today's recent price of $34.54.
Carpenter Technology is currently above its 50-day moving average of $30.44 and above its 200-day moving average of $24.30. 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 Carpenter Technology shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): CRS