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28.5% Return Seen to Date on SmarTrend Canadian Pacific Railway Call (CP)
Mar 23, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Canadian Pacific Railway (NYSE:CP) on December 1st, 2011 at $60.21. In approximately 4 months, Canadian Pacific Railway has returned 28.46% as of today's recent price of $77.34.
In the past 52 weeks, Canadian Pacific Railway share prices have been bracketed by a low of $44.74 and a high of $79.57 and are now at $77.34, 73% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.2%.
Canadian Pacific Railway Limited is a Class 1 transcontinental railway, providing freight and intermodal services over a network in Canada and the United States. The Company's mainline network serves major Canadian ports and cities from Montreal to Vancouver, and key centers in the United States Midwest and Northeast.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Canadian Pacific Railway shares.Log in and add Canadian Pacific Railway (CP) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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