SmarTrend identified an Uptrend for Advanced Battery Technologies (NASDAQ:ABAT) on December 07, 2009 at $3.92. In approximately 1 month, Advanced Battery Technologies has returned 8.7% as of today's recent price of $4.26.

Advanced Battery Technologies is currently above its 50-day moving average of $3.79 and above its 200-day moving average of $3.77. Look for these moving averages to climb to confirm the company's upward momentum.

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

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