iShares Dow Jones US Real Estate Index Fund Upward Momentum Looks to Continue (IYR)
SmarTrend identified an Uptrend for iShares Dow Jones US Real Estate Index Fund (NYSE: IYR) on February 17, 2010 at $44.74. In approximately 3 weeks, iShares Dow Jones US Real Estate Index Fund has returned 7.2% as of today's recent price of $47.98.
iShares Dow Jones US Real Estate Index Fund is currently above its 50-day moving average of $45.21 and above its 200-day moving average of $40.48. 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 iShares Dow Jones US Real Estate Index Fund shares.
Write to Chip Brian at cbrian@tradethetrend.com
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