Uptrend Spotted in Shares of CGI Group (GIB)

SmarTrend identified an Uptrend for CGI Group GIB on December 16, 2009 at $13.47. In approximately 4 months, CGI Group has returned 10.8% as of today's recent price of $14.93.

CGI Group is currently above its 50-day moving average of $14.57 and above its 200-day moving average of $12.42. 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 CGI Group shares.

Write to Chip Brian at cbrian@tradethetrend.com

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