SmarTrend identified an Uptrend for Innerworkings (NASDAQ: INWK | Quote | Chart | News | PowerRating) on December 23, 2009 at $6.04. In approximately 4 weeks, Innerworkings has returned 18.4% as of today's recent price of $7.15.
Innerworkings is currently above its 50-day moving average of $5.75 and above its 200-day moving average of $5.27. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Innerworkings shares.
Write to Chip Brian at cbrian@tradethetrend.com
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For full details on Innerworkings Inc (INWK) INWK. Innerworkings Inc (INWK) has Short Term PowerRatings at TradingMarkets. Details on Innerworkings Inc (INWK) Short Term PowerRatings is available at This Link.
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