Uptrend Call Realized As Sciclone Pharmaceuticals Stock Rises 11.5% (SCLN)

SmarTrend identified an Uptrend for Sciclone Pharmaceuticals SCLN on June 21, 2011 at $5.78. In approximately 1 month, Sciclone Pharmaceuticals has returned 11.5% as of today's recent price of $6.44.

In the past 52 weeks, shares of Sciclone Pharmaceuticals have traded between a low of $2.08 and a high of $6.88 and are now at $6.44, which is 210% above that low price.

Sciclone Pharmaceuticals is currently above its 50-day moving average of $5.88 and above its 200-day moving average of $4.52. Look for these moving averages to climb to confirm the company's upward momentum.

In the last five trading sessions, the 50-day MA has climbed 0.95% while the 200-day MA has risen 1.16%.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Sciclone Pharmaceuticals shares.

Write to Chip Brian at cbrian@mysmartrend.com

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