SmarTrend identified an Uptrend for Selectica (NASDAQ:SLTC) on July 30th, 2012 at $3.91. In approximately 4 months, Selectica has returned 33.16% as of today's recent price of $5.20.

In the past 52 weeks, shares of Selectica have traded between a low of $2.60 and a high of $5.58 and are now at $5.20, which is 100% above that low price. The 200-day and 50-day moving averages have moved 0.72% higher and 1.56% higher over the past week, respectively.

Selectica, Inc. develops, markets, and supports an Internet selling system (ISS) solution that enables companies to sell and buyers to purchase complex products and services across multiple sales channels. The Company's ISS solution enables businesses to develop and deploy an Internet sales channel that interactively assists customers.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Selectica shares.

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