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22.3% Return Seen to Date on SmarTrend Shoe Carnival Call (SCVL)

By James Quinn

SmarTrend identified an Uptrend for Shoe Carnival (NASDAQ:SCVL) on August 29th, 2019 at $28.94. In approximately 6 months, Shoe Carnival has returned 22.29% as of today's recent price of $35.39.

Shoe Carnival share prices have moved between a 52-week high of $40.00 and a 52-week low of $21.47 and are now trading 65% above that low price at $35.39 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Shoe Carnival, Inc., a retailer of family footwear, operates primarily in the Midwest, South, and Southeastern regions of the United States. The Company seeks to create a carnival-like atmosphere in each of its stores by decorating with bright lights, colors, and neon signs.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Shoe Carnival shares.

Log in and add Shoe Carnival (SCVL) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights shoe carnival

Ticker(s): SCVL