SmarTrend identified an Uptrend for Selectica (NASDAQ:SLTC) on July 30th, 2012 at $3.91. In approximately 5 months, Selectica has returned 63.89% as of today's recent price of $6.40.

In the past 52 weeks, Selectica share prices have been bracketed by a low of $2.60 and a high of $6.40 and are now at $6.40, 146% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 1.4% while the 50-day MA has advanced 0.5%.

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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