TMCnet News
Uptrend Call Working As Advance Auto Parts Stock Rises 37.8% (AAP)Feb 23, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Advance Auto Parts (NYSE:AAP) on October 19th, 2011 at $61.67. In approximately 4 months, Advance Auto Parts has returned 37.85% as of today's recent price of $85.01. In the past 52 weeks, Advance Auto Parts share prices have been bracketed by a low of $49.50 and a high of $87.49 and are now at $85.01, 72% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.8%. Advance Auto Parts, Inc. is a retailer of auto parts and accessories. The Company operates stores in various states, primarily located in the northeastern, southeastern, and midwestern regions of the United States, and in Puerto Rico and the Virgin Islands. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Advance Auto Parts shares.Log in and add Advance Auto Parts (AAP) 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 |
