SmarTrend identified an Uptrend for PolyOne (NYSE:POL) on July 3rd, 2012 at $14.24. In approximately 8 months, PolyOne has returned 62.14% as of today's recent price of $23.08.

Over the past year, PolyOne has traded in a range of $12.39 to $24.00 and is now at $23.08, 86% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has risen 1.2%.

PolyOne Corporation is an international polymer services company with operations in North America, Europe, Asia, Australia, and South America. The Company provides thermoplastic compounds, specialty resins, specialty polymer formulations, engineered films, and color and additive systems. PolyOne also conducts operations in rubber compounding and thermoplastic resin distribution.

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

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