SmarTrend identified an Uptrend for Sierra Wireless (NASDAQ:SWIR) on December 30, 2009 at $10.24. In approximately 3 weeks, Sierra Wireless has returned 19.8% as of today's recent price of $12.27.

Sierra Wireless is currently above its 50-day moving average of $10.00 and above its 200-day moving average of $7.93. Look for these moving averages to climb to confirm the company's upward momentum.

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

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