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38.0% Return Seen to Date on SmarTrend USG Call (USG)
Feb 15, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for USG (NYSE:USG) on December 22nd, 2011 at $10.02. In approximately 2 months, USG has returned 38.02% as of today's recent price of $13.83.
In the past 52 weeks, shares of USG have traded between a low of $5.75 and a high of $19.91 and are now at $13.83, which is 141% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 2.3%.
USG Corporation, through its subsidiaries, manufactures and distributes building materials. The Company produces a wide range of products for use in new residential, new non-residential, and repair and remodel construction, as well as products used in certain industrial processes. USG's two core businesses include North American Gypsum and Worldwide Ceilings.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of USG shares.Log in and add USG (USG) 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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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
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