Actuant (ATU) Bullish Technical Alert - Trend Up 30.8%

Actuant (NYSE:ATU) is trading 0.9% higher (up $0.15 to $16.65) today on volume of 163,837 shares. The stock has traded within a 52-week range of $7.02 and $20.18.

Actuant is currently above its 50-day moving average of $15.00 and above its 200-day moving average of $13.27.

SmarTrend is bullish on shares of ATU and our subscribers received an Uptrend alert on July 31, 2009 at $12.72, which has returned 30.8% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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