SmarTrend identified an Uptrend for Advanced Energy Industries (NASDAQ:AEIS) on December 07, 2009 at $12.52. In approximately 2 months, Advanced Energy Industries has returned 17.7% as of today's recent price of $14.74.

Advanced Energy Industries is currently above its 50-day moving average of $13.55 and above its 200-day moving average of $11.47. 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 Energy Industries shares.

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