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15.0% Return Seen to Date on SmarTrend Big 5 Sporting Goods Call (BGFV)
Dec 18, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Big 5 Sporting Goods (NASDAQ:BGFV) on November 2nd, 2012 at $11.37. In approximately 2 months, Big 5 Sporting Goods has returned 14.95% as of today's recent price of $13.07.
Over the past year, Big 5 Sporting Goods has traded in a range of $6.12 to $14.30 and is now at $13.27, 117% above that low. Over the past week, the 200-day moving average (MA) has gone up 1.4% while the 50-day MA has advanced 2.9%.
Big 5 Sporting Goods Corporation owns and operates sporting goods stores in the Western United States. The Company's products include athletic shoes, apparel, tennis, golf, ski, snowboard, in-line skating, fitness, outdoor and team sports equipment for the competitive and recreational sporting goods customer.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Big 5 Sporting Goods shares.Log in and add Big 5 Sporting Goods (BGFV) 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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