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Uptrend Call Working As PowerShares S&P 500 Low Volatility Stock Rises 20.8% (SPLV)
Jan 22, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for PowerShares S&P 500 Low Volatility (NYSE:SPLV) on September 7th, 2011 at $23.83. In approximately 17 months, PowerShares S&P 500 Low Volatility has returned 20.80% as of today's recent price of $28.78.
PowerShares S&P 500 Low Volatility share prices have moved between a 52-week high of $28.78 and a 52-week low of $25.56 and are now trading 13% above that low price at $28.77 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.2%.
PowerShares S&P 500 Low Volatility Portfolio is an exchange-traded fund incorporated in the USA. The Fund seeks results that correspond (before fees and expenses) generally to the price and yield of the S&P 500 Low Volatility Index the Underlying Index).
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of PowerShares S&P 500 Low Volatility shares.Log in and add PowerShares S&P 500 Low Volatility (SPLV) 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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