CHANNELS

Subscribe to the InfoTech eNewsletter

infoTECH News

TMCNet:  BRF - Brasil Foods Up 42.7% Since SmarTrend Uptrend Call (BRFS)

[January 15, 2013]

BRF - Brasil Foods Up 42.7% Since SmarTrend Uptrend Call (BRFS)

Jan 15, 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 42.68% as of today's recent price of $21.73.

BRF - Brasil Foods share prices have moved between a 52-week high of $22.52 and a 52-week low of $13.61 and are now trading 60% above that low price at $21.73 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has remained constant.

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 cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- 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

[ InfoTech Spotlight's Homepage ]


blog comments powered by Disqus

FOLLOW US

Subscribe to InfoTECH Spotlight eNews

InfoTECH Spotlight eNews delivers the latest news impacting technology in the IT industry each week. Sign up to receive FREE breaking news today!
FREE eNewsletter