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Shares of IFF Up 15.5% Since Uptrend Call on Shares
Jan 16, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for International Flavors & Fragrances (NYSE:IFF) on August 8th, 2012 at $60.14. In approximately 5 months, International Flavors & Fragrances has returned 15.50% as of today's recent price of $69.46.
Over the past year, International Flavors & Fragrances has traded in a range of $53.03 to $69.57 and is now at $69.45, 31% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.4%.
International Flavors & Fragrances Inc. creates and manufactures flavor and fragrance products. The Company's fragrance products are sold to manufacturers of perfumes, cosmetics, soaps and detergents, and its flavor products to manufacturers of prepared foods, beverages, dairy foods, pharmaceuticals, and confectionery products.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of International Flavors & Fragrances shares.Log in and add International Flavors & Fragrances (IFF) 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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