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38.7% Return Seen to Date on SmarTrend Simulations Plus Call (SLP)

By Shiri Gupta

SmarTrend identified an Uptrend for Simulations Plus (NASDAQ:SLP) on August 30th, 2016 at $8.56. In approximately 10 months, Simulations Plus has returned 38.73% as of today's recent price of $11.88.

Over the past year, Simulations Plus has traded in a range of $5.52 to $13.00 and is now at $11.88, 115% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has declined 1%.

Simulations Plus, Inc. develops drug discovery and development simulation software, which is licensed to and used in the conduct of drug research for pharmaceutical companies worldwide. The Company's other businesses are based on its proprietary software technologies and provide support for the emerging pharmaceutical enterprise.

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

Log in and add Simulations Plus (SLP) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights simulations plus

Ticker(s): SLP