Tuesday 29 May 2012

Vera Bradley Down 30.3% since SmarTrend appeal (ARV) - TMCnet downward trend

SmarTrend identified a trend for Vera Bradley (NYSE: AVP), on March 16, 2012 to $33,42. In approximately 2 months, Vera Bradley returned 30,25% of the recent price of $23.31.

In the 52 weeks, prices on the part of Vera Bradley was flanked by a minimum of $22.59 and a maximum of $52.35 and are now at $23.31, 3% higher than low prices. For the last five market days, the moving average 200 days (MA) went down by 0.5% while the 50 days has decreased by 2.7%.

Vera Bradley, Inc. designs, manufactures and sells retail for women fashion accessories. The company markets handbags, accessories and travel goods and leisure with its chain of retail stores and independent retailers.


SmarTrend will continue to analyse these moving averages and a number of other proprietary indicators for any change in the dynamics of the actions of Vera Bradley.


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