May 06, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Red Robin Gourmet Burgers (NASDAQ:RRGB) on November 1st, 2012 at $33.13. In approximately 6 months, Red Robin Gourmet Burgers has returned 44.97% as of today's recent price of $48.02.
Over the past year, Red Robin Gourmet Burgers has traded in a range of $21.68 to $48.69 and is now at $48.02, 121% above that low. Over the past week, the 200-day moving average (MA) has gone up 1.2% while the 50-day MA has advanced 1.7%.
Red Robin Gourmet Burgers Inc. owns and operates a chain of specialty restaurants in the United States and Canada.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Red Robin Gourmet Burgers shares.Log in and add Red Robin Gourmet Burgers (RRGB) 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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