TMCnet News
Callaway Golf Has Returned 17.0% Since SmarTrend Recommendation (ELY)Feb 01, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Callaway Golf (NYSE:ELY) on October 27th, 2011 at $5.78. In approximately 3 months, Callaway Golf has returned 16.96% as of today's recent price of $6.76. In the past 52 weeks, shares of Callaway Golf have traded between a low of $4.70 and a high of $8.22 and are now at $6.76, which is 44% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.4%. Callaway Golf Company designs, develops, manufactures, and markets golf clubs, which are sold to both average and skilled golfers. The Company's products include titanium drivers, fairway woods, irons, wedges, and various putters. Callaway's products are sold under brand names such as Big Bertha, Hawk Eye, and Odyssey. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Callaway Golf shares.Log in and add Callaway Golf (ELY) 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 [email protected] --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |
