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Famous Dave's Of America Up 27.0% Since SmarTrend Uptrend Call (DAVE)
[June 07, 2013]

Famous Dave's Of America Up 27.0% Since SmarTrend Uptrend Call (DAVE)


Jun 07, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Famous Dave's Of America (NASDAQ:DAVE) on January 2nd, 2013 at $9.57. In approximately 5 months, Famous Dave's Of America has returned 27.03% as of today's recent price of $12.15.



In the past 52 weeks, Famous Dave's Of America share prices have been bracketed by a low of $7.75 and a high of $12.50 and are now at $12.15, 57% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has risen 0.3%.

Famous Dave's of America, Inc. operates and franchises restaurants under the name Famous Dave's. The Company's restaurants are located in Minnesota, Wisconsin, Iowa, Illinois, Maryland, Nebraska, and Virginia. Famous Dave's restaurants feature hickory smoked off-the-grill meat entree favorites served in various casual formats.


SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Famous Dave's Of America shares.Log in and add Famous Dave's Of America (DAVE) 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 [email protected] --------------------------------------------------------------------------------------------- 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

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