SmarTrend identified an Uptrend for Guidance Software (NASDAQ:GUID) on November 8th, 2011 at $6.54. In approximately 3 months, Guidance Software has returned 18.35% as of today's recent price of $7.74.

In the past 52 weeks, shares of Guidance Software have traded between a low of $5.54 and a high of $8.71 and are now at $7.74, which is 40% above that low price. The 200-day and 50-day moving averages have moved 0.25% lower and 1.28% higher over the past week, respectively.

Guidance Software Inc. develops and produces software solutions for digital investigations. The Company provides software used primarily by law enforcement and government agencies for searching, collecting, preserving, analyzing and authenticating electronic computer forensic data for use in criminal and civil court proceedings.

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

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