SmarTrend identified an Uptrend for Huntsman (NYSE:HUN) on August 6th, 2012 at $13.36. In approximately 5 months, Huntsman has returned 35.48% as of today's recent price of $18.10.

Over the past year, Huntsman has traded in a range of $9.75 to $18.14 and is now at $18.11, 86% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.7%.

Huntsman Corporation manufactures differentiated and commodity chemical products. The Company markets a broad range of chemical products and formulations to a diversified group of consumer and industrial customers. Huntsman's products are used in a range of applications, including those in adhesives, aerospace, automotive, construction products, and consumer products.

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

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