Chicos FAS (CHS) Shares are Up 7.58%

Chicos FAS (CHS) : Traders are bullish on Chicos FAS (CHS) as it has outperformed the S&P 500 by a wide margin of 7.63% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 7.04%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 7.58% in the last 1 week, and is up 7.49% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 7.73% and the 50-Day Moving Average is 10.06%.The 200 Day SMA reached 10.2%. Chicos FAS Inc. is up 11.86% in the last 3-month period. Year-to-Date the stock performance stands at 19.95%.


Chicos FAS (NYSE:CHS): After opening at $12.37, the stock dipped to an intraday low of $12.24 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $12.7 and the buying power remained strong till the end. The stock closed at $12.63 for the day, a gain of 2.27% for the day session. The total traded volume was 2,336,186. The stocks close on the previous trading day was $12.35.

Chicos FAS, Inc. is a specialty retailer of womens private branded, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing items operating under the Chicos, White House/Black Market (WH/BM), Soma Intimates (Soma) and Boston Proper brand names. The Chicos brand sells designed, private branded clothing focusing on women 40 and over. The WHBM brand offers feminine and alternative to designer fashion selling fashionable and clothing and accessory items, primarily in black and white and related shades with seasonal color splashes. The Soma brand sells designed private branded lingerie, loungewear and beauty products women who are 35 years old and over. The Boston Proper brand sells womens apparel and accessories, marketed to affluent women between 35-55 years old.

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