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Chefs Warehouse Has Returned 27.6% Since SmarTrend Recommendation (CHEF)

By Shiri Gupta

SmarTrend identified a Downtrend for Chefs Warehouse (NASDAQ:CHEF) on February 21st, 2020 at $36.23. In approximately 2 weeks, Chefs Warehouse has returned 27.62% as of today's recent price of $26.22.

Over the past year, Chefs Warehouse has traded in a range of $25.36 to $42.06 and is now at $26.22, 3% above that low. The 200-day and 50-day moving averages have moved 0.3% lower and 1.63% lower over the past week, respectively.

The Chefs' Warehouse, Inc. operates as a premier distributor of specialty food products in the United States. The Company focused on serving the specific needs of chefs who own and operate restaurants, fine dining establishments, country clubs, hotels, caterers, culinary schools, and specialty food stores.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Chefs Warehouse.

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

Keywords: spotlights chefs warehouse

Ticker(s): CHEF