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Hot Stock: American Superconductor, Shares Gain 7.4% (AMSC)
[February 11, 2013]

Hot Stock: American Superconductor, Shares Gain 7.4% (AMSC)

Feb 11, 2013 (SmarTrend(R) Spotlight via COMTEX) -- American Superconductor (NASDAQ:AMSC) is one of today's best performing low-priced stocks, up 7.4% to $3.04 on 1.7x average daily volume. American Superconductor has traded 599,000 shares thus far today, vs. average volume of 363,000 shares per day. The stock has outperformed the Dow (7.4% to the Dow's -0.2%) and outperformed the S&P 500 (7.4% to the S&P's -0.0%) during today's trading.

American Superconductor share prices have moved between a 52-week high of $5.19 and a 52-week low of $2.40 and are now trading 27% above that low price at $3.04 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has advanced 0.8%.

Potential upside of 56.3% exists for American Superconductor, based on a current level of $3.04 and analysts' average consensus price target of $4.75. American Superconductor shares should encounter resistance at the 200-day moving average (MA) of $3.62 and support at the 50-day MA of $2.78.

American Superconductor Corporation is an energy technologies company that offers solutions based upon its programmable power electronic converters and high temperature superconductor (HTS) wires. The Company serves the utility, industrial and wind power markets.

SmarTrend is tracking the current trend status for American Superconductor and will alert subscribers who have AMSC in their portfolio or watchlist when shares have changed trend direction.

Write to Chip Brian at --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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