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Uptrend Call Working As American Science & Engineering Stock Rises 28.8% (ASEI)

By Amy Schwartz

SmarTrend identified an Uptrend for American Science & Engineering (NASDAQ:ASEI) on March 22nd, 2016 at $28.76. In approximately 12 months, American Science & Engineering has returned 28.82% as of today's recent price of $37.05.

In the past 52 weeks, shares of American Science & Engineering have traded between a low of $22.63 and a high of $46.67 and are now at $37.05, which is 64% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has advanced 1.1%.

American Science and Engineering, Inc. provides X-ray detection and imaging products used for the detection of illegal drugs, terrorist explosives, and smuggled goods. The Company's equipment, purchased by government and commercial clients, utilizes transmission and backscatter X-ray detection to provide differentiation of bombs, drugs, and contraband in camouflaged environments.

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

Log in and add American Science & Engineering (ASEI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights american science & engineering

Ticker(s): ASEI