American Axle & Manufacturing (AXL) Technical Alert - Watch for 226.8% Uptrend Continuation

American Axle & Manufacturing (NYSE:AXL) is trading 15.8% higher (up $0.90 to $6.60) today on volume of 26,821,496 shares. The stock has traded within a 52-week range of $0.26 and $8.38.

American Axle & Manufacturing is currently above its 50-day moving average of $2.70 and above its 200-day moving average of $2.02.

SmarTrend is bullish on shares of AXL and our subscribers received an Uptrend alert on July 31, 2009 at $2.02, which has returned 226.8% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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Related terms: manufacturing, market, nyse, securities