{"id":29090,"date":"2012-05-05T18:51:17","date_gmt":"2012-05-05T22:51:17","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=29090"},"modified":"2012-05-05T18:51:17","modified_gmt":"2012-05-05T22:51:17","slug":"upgrade-alert-for-whole-foods-market-wfm","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/05\/05\/upgrade-alert-for-whole-foods-market-wfm\/","title":{"rendered":"Upgrade Alert for Whole Foods Market (WFM)"},"content":{"rendered":"<p><div id=\"grabDiv1767162\"><object id=\"GrabPlayer1767162\" width=\"542\" height=\"304\" type=\"application\/x-shockwave-flash\" align=\"middle\" data=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v065dc38895a1fbfd22df7eac16fdf6186492ce0a&#038;tgt=grabnetworks\"><param name=\"quality\" value=\"high\"\/><param name=\"allowScriptAccess\" value=\"always\"\/><param name=\"allowFullScreen\" value=\"true\"\/><param name=\"menu\" value=\"false\"\/><param name=\"wmode\" value=\"transparent\"\/><param name=\"movie\" value=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v065dc38895a1fbfd22df7eac16fdf6186492ce0a&#038;tgt=grabnetworks\"\/><\/object><\/p>\n<div id=\"overlay-adzone\" style=\"overflow:hidden; position:relative\"><\/div>\n<\/div>\n<p>Whole Foods Market (NASDAQ:WFM) was upgraded from Neutral to Overweight at JP Morgan today. The stock closed yesterday at $90.69 on volume of 7.4 million shares, above average daily volume of 1.4 million.Whole Foods Market (NASDAQ:WFM) is currently priced 2.8% above its average consensus analyst price target of $88.18. The stock should find initial support at its 50-day moving average (MA) of $83.68 and further support at its 200-day MA of $72.39.In the past 52 weeks, Whole Foods Market share prices have been bracketed by a low of $53.32 and a high of $91.06 and closed yesterday at $90.69, 70% above that low price. The 200-day and 50-day moving averages have moved 0.58% higher and 0.47% higher over the past week, respectively.SmarTrend recommended that subscribers consider buying shares of Whole Foods Market on December 2nd, 2011 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $68.79. Since that recommendation, shares of Whole Foods Market have risen 31.8%. We continue to monitor WFM for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.<\/p>\n<p><img src='http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/05\/05\/1_602ua8tj_thumb.jpg' \/><\/p>\n<p><!--post_img[http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/05\/05\/1_602ua8tj_preview.jpg]--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Whole Foods Market (NASDAQ:WFM) was upgraded from Neutral to Overweight at JP Morgan today. The stock closed yesterday at $90.69 on volume of 7.4 million shares, above average daily volume of 1.4 million.Whole Foods Market (NASDAQ:WFM) is currently priced 2.8% above its average consensus analyst price target of $88.18. The stock should find initial support &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/05\/05\/upgrade-alert-for-whole-foods-market-wfm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Upgrade Alert for Whole Foods Market (WFM)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-29090","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/29090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=29090"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/29090\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=29090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=29090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=29090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}