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Uptrend Call Working As Flexsteel Inds Stock Rises 27.6% (FLXS)

By James Quinn

SmarTrend identified an Uptrend for Flexsteel Inds (NASDAQ:FLXS) on October 30th, 2019 at $16.18. In approximately 3 months, Flexsteel Inds has returned 27.65% as of today's recent price of $20.66.

Flexsteel Inds share prices have moved between a 52-week high of $25.90 and a 52-week low of $12.98 and are now trading 59% above that low price at $20.66 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has slid 0.3%.

Flexsteel Industries, Inc. manufactures and sells wooden and upholstered furniture for the retail, contract, and recreational vehicle (RV) furniture markets. The Company's products are sold to furniture dealers, department stores, and RV manufacturers throughout the United States. Flexsteel also sells its products to several national chains that sell on a private label basis.

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

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

Keywords: spotlights flexsteel inds

Ticker(s): FLXS