Market Overview

SPDR KBW Regional Banking ETF Has Returned 12.5% Since SmarTrend Recommendation (KRE)

(via COMTEX News Network)--

SmarTrend identified an Uptrend for SPDR KBW Regional Banking ETF (AMEX: KRE) on October 06, 2010 at $23.34. In approximately 6 months, SPDR KBW Regional Banking ETF has returned 12.5% as of today's recent price of $26.26.

In the past 52 weeks, shares of SPDR KBW Regional Banking ETF have traded between a low of $20.80 and a high of $29.79 and are now at $26.26, which is 26% above that low price.

SPDR KBW Regional Banking ETF is currently above its 200-day moving average of $24.49 and should find resistance at its 50-day moving average of $26.49. Look for these moving averages to climb to confirm the company's upward momentum.

In the last five trading sessions, the 50-day MA has remained constant while the 200-day MA has risen 0.15%.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of SPDR KBW Regional Banking ETF shares.

Write to Chip Brian at


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

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

View Comments and Join the Discussion!