Are you a technical investor? If so, it may be time to consider Francesca's Holdings Corp FRAN for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for FRAN.
This trend may have already begun, as shares of FRAN have moved by higher by 28.9% in just the past month. Plus, FRAN has earned itself a Zacks Rank #1 (Strong Buy), so there is plenty of reason to believe that the run for Francesca's Holdings has plenty of life left.
More bullishness may especially be the case when investors consider what has been happening for FRAN on the earnings estimate revision front lately. None estimate has gone lower in the past two months, compared to 5 higher, while the consensus estimate has also moved higher too.
So given this move in estimates, and the positive technical factors, investors may want to watch this breakout candidate closely for more gains in the near future.
Latest Markets Videos
- The $12 Trillion "Once-in-a-Lifetime" Market Opportunity Investors Won't Want to Miss
- J.P. Morgan Says These 3 Stocks Could Surge Over 100% From Current Levels
- Forget Tesla's Battery Day, These EV Stories Are More Important
- ChargePoint, Switchback Energy Acquisition Enter Business Combination Agreement