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TMCNet:  AEP Industries Shares Up 37.0% Since SmarTrend's Buy Recommendation (AEPI)

[March 09, 2012]

AEP Industries Shares Up 37.0% Since SmarTrend's Buy Recommendation (AEPI)

Mar 09, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for AEP Industries (NASDAQ:AEPI) on December 9th, 2011 at $25.40. In approximately 3 months, AEP Industries has returned 36.96% as of today's recent price of $34.78.


In the past 52 weeks, shares of AEP Industries have traded between a low of $19.78 and a high of $36.49 and are now at $34.78, which is 76% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.7%.

AEP Industries Inc. manufactures plastic packaging films. The Company manufactures a variety of PVC, PE and PP commodity and specialty films. AEP's films are used to manufacture bags, sacks liners, labels and wrapping for the packaging, transportation, beverage, food, automotive, pharmaceutical, chemical, electronics, construction, agriculture and textile industries.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of AEP Industries shares.Log in and add AEP Industries (AEPI) 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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