SmarTrend identified an Uptrend for ICO (NASDAQ:ICOC) on December 03, 2009 at $6.56. In approximately 4 months, ICO has returned 27.7% as of today's recent price of $8.38.
ICO is currently above its 50-day moving average of $7.89 and above its 200-day moving average of $5.23. 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 ICO shares.
Keywords: Stock research report chart fundamental technical analysis
Ticker(s): ICOC