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Actuant (ATU) Bullish Technical Alert - Trend Up 10.3%

Actuant (NYSE:ATU) is trading 2.1% higher (up $0.29 to $14.03) today on volume of 103,701 shares. The stock has traded within a 52-week range of $7.02 and $34.99.

Actuant is currently above its 50-day moving average of $12.64 and above its 200-day moving average of $13.64.

SmarTrend is bullish on shares of ATU and our subscribers received an Uptrend alert on July 31, 2009 at $12.72, which has returned 10.3% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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