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TMCNet:  Uptrend Call Working As Lincoln Electric Holdings Stock Rises 12.4% (LECO)

[January 01, 2013]

Uptrend Call Working As Lincoln Electric Holdings Stock Rises 12.4% (LECO)

Jan 01, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Lincoln Electric Holdings (NASDAQ:LECO) on October 31st, 2012 at $43.31. In approximately 2 months, Lincoln Electric Holdings has returned 12.41% as of today's recent price of $48.68.

Lincoln Electric Holdings share prices have moved between a 52-week high of $50.36 and a 52-week low of $37.63 and are now trading 29% above that low price at $48.68 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.6%.

Lincoln Electric Holdings, Inc. designs and manufactures welding and cutting products. The Company's products include arc welding power sources, wire feeding systems, robotic welding packages, fume extraction equipment, consumable electrodes, fluxes, and regulators and torches used in oxy-fuel welding and cutting.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Lincoln Electric Holdings shares.Log in and add Lincoln Electric Holdings (LECO) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- 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

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