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TMCNet:  Uptrend Call Working As Luxottica Stock Rises 32.5% (LUX)

[March 07, 2013]

Uptrend Call Working As Luxottica Stock Rises 32.5% (LUX)

Mar 07, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Luxottica (NYSE:LUX) on September 19th, 2012 at $36.29. In approximately 6 months, Luxottica has returned 32.54% as of today's recent price of $48.10.

In the past 52 weeks, shares of Luxottica have traded between a low of $30.78 and a high of $49.28 and are now at $48.10, which is 56% above that low price. The 200-day and 50-day moving averages have moved 0.56% higher and 0.93% higher over the past week, respectively.

Luxottica Group S.p.A. and its subsidiaries design, manufacture, distribute, and market traditional and designer eyeglass frames and sunglasses. The Company's LensCrafter retail chain of optical stores operates in North America. Luxottica distributes its products around the world. The Company also sells sunglasses through its Sunglass Hut retail chain.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Luxottica shares.Log in and add Luxottica (LUX) 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

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