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Uptrend Call Working As Wendy'S Co/The Stock Rises 7.0% (WEN)

By David Diaz

SmarTrend identified an Uptrend for Wendy'S Co/The (NASDAQ:WEN) on December 16th, 2019 at $22.05. In approximately 2 months, Wendy'S Co/The has returned 6.96% as of today's recent price of $23.58.

Over the past year, Wendy'S Co/The has traded in a range of $16.25 to $23.67 and is now at $23.58, 45% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.5%.

The Wendy's Company operates fast-food restaurants. The Company owns, operates, and franchises fast-food restaurants located throughout countries that include the United States, Singapore, the Middle East and North Africa, the Russian Federation, the Eastern Caribbean, Argentina, the Philippines and Japan.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Wendy'S Co/The shares.

Log in and add Wendy'S Co/The (WEN) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights wendy's co/the

Ticker(s): WEN