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Uptrend Call Realized As SandRidge Energy Stock Rises 156.5% (SD)Apr 04, 2011 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for SandRidge Energy (NYSE:SD) on September 28, 2010 at $5.12. In approximately 6 months, SandRidge Energy has returned 156.5% as of today's recent price of $13.12. In the past 52 weeks, shares of SandRidge Energy have traded between a low of $3.87 and a high of $13.34 and are now at $13.12, which is 239% above that low price. SandRidge Energy is currently above its 50-day moving average of $9.68 and above its 200-day moving average of $6.73. 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 5.15% while the 200-day MA has risen 2.17%. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of SandRidge Energy shares. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.mysmartrend.com/signup |