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Market Overview

Trading Lower on Heavy Volume are Shares of iShares Russell 2000 Growth Index Fund on 1.2x Above-Average Volume (IWO)

(via COMTEX News Network)--

Shares of iShares Russell 2000 Growth Index Fund (AMEX: IWO) are trading down 3.4% to $85.28 today on above average volume. Approximately 4.2 million shares have traded hands today vs. average 30-day volume of 1.9 million shares.

Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of IWO to see if this bearish momentum will continue.

SmarTrend is monitoring the recent change of momentum in iShares Russell 2000 Growth Index Fund. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of iShares Russell 2000 Growth Index Fund in search of a potential trend change.

In the last five trading sessions, the 50-day MA has fallen 0.35% while the 200-day MA has risen 0.18%.

In the past 52 weeks, shares of iShares Russell 2000 Growth Index Fund have traded between a low of $64.23 and a high of $99.40 and are now at $85.12, which is 33% above that low price.

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

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