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PowerShares DB Base Metals Fund Rising Today on Above-Average Volume (DBB)
Jan 10, 2013 (SmarTrend(R) News Watch via COMTEX) --
Shares of PowerShares DB Base Metals Fund are trading up 1.5% to $19.26 today on above average volume. About 1.4 million shares have been traded today, as compared to the 30-day average volume of 225,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.
SmarTrend is tracking the current trend status for PowerShares DB Base Metals Fund and will alert subscribers who have DBB in their portfolio or watchlist when shares have changed trend direction.
In the past 52 weeks, shares of PowerShares DB Base Metals Fund have traded between a low of $17.28 and a high of $21.62 and are now at $19.15, which is 11% above that low price. The 200-day and 50-day moving averages have moved 0.11% lower and 0.27% higher over the past week, respectively.
Write to Chip Brian at cbrian@mysmartrend.com
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