Market Overview

iShares Dow Jones US Technology Sector Index Fund: 52-Week High Recently Eclipsed (IYW)

Share:
(via COMTEX News Network)--

Shares of iShares Dow Jones US Technology Sector Index Fund (NYSE: IYW) traded at a new 52-week high today of $68.12. Approximately 117,000 shares have traded hands today vs. average 30-day volume of 189,000 shares.

iShares Dow Jones US Technology Sector Index Fund is currently trading at $68.12, approximately 5.9% above its 50-day moving average of $64.35. SmarTrend will be monitoring shares of IYW to see if this bullish momentum will continue.

In the last five trading sessions, the 50-day MA has climbed 0.43% while the 200-day MA has risen 0.19%.

In the past 52 weeks, shares of iShares Dow Jones US Technology Sector Index Fund have traded between a low of $38.00 and a high of $67.99 and are now at $67.93, which is 79% above that low price.

SmarTrend currently has shares of iShares Dow Jones US Technology Sector Index Fund in an Uptrend and issued the Uptrend alert on October 18, 2010 at $60.87. The stock has risen 11.1% since the Uptrend alert was issued.

Write to Chip Brian at cbrian@tradethetrend.com

---------------------------------------------------------------------------------------------

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

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.mysmartrend.com/signup

View Comments and Join the Discussion!