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Shares of HLF Up 30.3% Since Uptrend Call on Shares
Jan 24, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Herbalife (NYSE:HLF) on January 2nd, 2013 at $33.19. In approximately 3 weeks, Herbalife has returned 30.28% as of today's recent price of $43.24.
Herbalife share prices have moved between a 52-week high of $73.00 and a 52-week low of $24.24 and are now trading 77% above that low price at $42.83 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 0.3%.
Herbalife Ltd. is a network marketing company that sells weight management, nutritional supplement and personal care products. The Company sells its products globally through a network of independent distributors. Herbalife also sells literature and promotional materials.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Herbalife shares.Log in and add Herbalife (HLF) 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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