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Cracker Barrel Shares Up 23.1% Since SmarTrend's Buy Recommendation (CBRL)
Feb 14, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Cracker Barrel (NASDAQ:CBRL) on October 27th, 2011 at $43.03. In approximately 4 months, Cracker Barrel has returned 23.08% as of today's recent price of $52.96.
Cracker Barrel share prices have moved between a 52-week high of $54.95 and a 52-week low of $37.31 and are now trading 42% above that low price at $52.96 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.8%.
Cracker Barrel Old Country Store Inc. operates restaurants and gift shops in the United States.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Cracker Barrel shares.Log in and add Cracker Barrel (CBRL) 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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