SmarTrend identified an Uptrend for Cheesecake Facto (NASDAQ:CAKE) on October 8th, 2020 at $30.42. In approximately 4 months, Cheesecake Facto has returned 55.75% as of today's recent price of $47.37.

Over the past year, Cheesecake Facto has traded in a range of $14.52 to $57.20 and is now at $47.21, 225% above that low. The 200-day and 50-day moving averages have moved 2.50% higher and 3.16% higher over the past week, respectively.

The Cheesecake Factory Incorporated operates casual dining restaurants under the name The Cheesecake Factory. The Company's restaurants offer appetizers, sandwiches, pasta, various meats, and varieties of cheesecake. The Cheesecake Factory serves customers in the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Cheesecake Facto shares.Log in and add Cheesecake Facto (CAKE) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to SmarTrend at cs@mysmartrend.com

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