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Shares of SKYW Up 64.9% Since Uptrend Call on Shares
Jan 17, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Skywest (NASDAQ:SKYW) on August 9th, 2012 at $8.22. In approximately 5 months, Skywest has returned 64.94% as of today's recent price of $13.55.
Over the past year, Skywest has traded in a range of $6.25 to $14.32 and is now at $13.55, 117% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.2%.
SkyWest, Inc. operates regional airlines that offer scheduled passenger service to destinations in the United States, Canada, Mexico and the Caribbean.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Skywest shares.Log in and add Skywest (SKYW) 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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