SmarTrend identified an Uptrend for Lincoln Electric Holdings (NASDAQ:LECO) on October 31st, 2012 at $43.31. In approximately 3 months, Lincoln Electric Holdings has returned 20.29% as of today's recent price of $52.09.

Over the past year, Lincoln Electric Holdings has traded in a range of $37.63 to $52.49 and is now at $52.09, 38% above that low. The 200-day and 50-day moving averages have moved 0.14% higher and 0.60% higher over the past week, respectively.

Lincoln Electric Holdings, Inc. designs and manufactures welding and cutting products. The Company's products include arc welding power sources, wire feeding systems, robotic welding packages, fume extraction equipment, consumable electrodes, fluxes, and regulators and torches used in oxy-fuel welding and cutting.

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

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