TMCnet News
38.6% Return Seen to Date on SmarTrend BRF - Brasil Foods Call (BRFS)Jan 01, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for BRF - Brasil Foods (NYSE:BRFS) on August 17th, 2012 at $15.23. In approximately 5 months, BRF - Brasil Foods has returned 38.61% as of today's recent price of $21.11. In the past 52 weeks, BRF - Brasil Foods share prices have been bracketed by a low of $13.61 and a high of $21.70 and are now at $21.11, 55% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.1%. BRF-Brasil Foods SA is a food processor in Latin America. The Company raises chickens to produce poultry products. Brasil Foods also processes frozen pastas, soybeans and their derivatives, and distributes frozen vegetables. The Company's core business is chilled and frozen food. The Company has offices in the Middle East, Asia, and Europe. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of BRF - Brasil Foods shares.Log in and add BRF - Brasil Foods (BRFS) 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 |