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Market Overview

iShares Russell 2000 Growth Index Fund Has Returned 31.3% Since SmarTrend Recommendation (IWO)

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(via COMTEX News Network)--

SmarTrend identified an Uptrend for iShares Russell 2000 Growth Index Fund (AMEX: IWO) on September 20, 2010 at $72.83. In approximately 6 months, iShares Russell 2000 Growth Index Fund has returned 31.3% as of today's recent price of $95.60.

In the past 52 weeks, shares of iShares Russell 2000 Growth Index Fund have traded between a low of $55.63 and a high of $95.48 and are now at $95.60, which is 72% above that low price.

iShares Russell 2000 Growth Index Fund is currently above its 50-day moving average of $90.56 and above its 200-day moving average of $79.81. 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 climbed 0.42% while the 200-day MA has risen 0.57%.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of iShares Russell 2000 Growth Index Fund shares.

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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