Market Overview

Buyers Accumulate Shares of iShares Silver Trust, Up 0.5% (SLV)

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(via COMTEX News Network)--

iShares Silver Trust (AMEX: SLV) is one of today's notable stocks on the rise, up 0.5% to $39.51. The S&P is currently trading 0.2% lower to 1,334 and the Dow Jones Industrial Average is trading 0.5% lower to 12,525.

iShares Silver Trust is in SmarTrend's Silver industry and this industry is currently in an Uptrend according to our research. We are monitoring many other stocks on the move within this industry.

In the last five trading sessions, the 50-day MA has climbed 0.65% while the 200-day MA has risen 0.78%.

In the past 52 weeks, shares of iShares Silver Trust have traded between a low of $17.06 and a high of $48.35 and are now at $39.51, which is 132% above that low price.

SmarTrend currently has shares of iShares Silver Trust in an Uptrend and issued the Uptrend alert on May 25, 2011 at $36.66. The stock has risen 7.2% since the Uptrend alert was issued.

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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