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Uptrend Call Working As Market Vectors - Lehman Brothers AMT-Free Intermediate Municipal ETF Stock Rises 11.6% (ITM)
Dec 03, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Market Vectors - Lehman Brothers AMT-Free Intermediate Municipal ETF (NYSE:ITM) on May 12th, 2011 at $21.63. In approximately 19 months, Market Vectors - Lehman Brothers AMT-Free Intermediate Municipal ETF has returned 11.56% as of today's recent price of $24.13.
Market Vectors - Lehman Brothers AMT-Free Intermediate Municipal ETF share prices have moved between a 52-week high of $24.50 and a 52-week low of $22.28 and are now trading 8% above that low price at $24.13 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.
Market Vectors Intermediate Municipal ETF is an exchange-tradedfund incorporated in the USA. The Fund seeks investment results that correspond to the price and y ield of the Barclays Capital AMT-Free Intermediate Continuous Municipals Index.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Market Vectors - Lehman Brothers AMT-Free Intermediate Municipal ETF shares.Log in and add Market Vectors - Lehman Brothers AMT-Free Intermediate Municipal ETF (ITM) 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
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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
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