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PowerShares Water Resources Portfolio Shares Up 19.6% Since SmarTrend's Buy Recommendation (PHO)
Jan 30, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for PowerShares Water Resources Portfolio (AMEX:PHO) on July 5th, 2012 at $18.53. In approximately 7 months, PowerShares Water Resources Portfolio has returned 19.64% as of today's recent price of $22.17.
PowerShares Water Resources Portfolio share prices have moved between a 52-week high of $22.33 and a 52-week low of $16.90 and are now trading 31% above that low price at $22.17 per share. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.9%.
PowerShares Water Resources Portfolio is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the price and yield of the Palisades Water Index, a modified equal-weighted index that tracks companies that focus on the provision of potable water and the treatment of water.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of PowerShares Water Resources Portfolio shares.Log in and add PowerShares Water Resources Portfolio (PHO) 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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