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Shares of DNP Up 21.4% Since Uptrend Call on Shares
Feb 14, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for DNP Select Income Fund (NYSE:DNP) on June 17th, 2010 at $9.25. In approximately 20 months, DNP Select Income Fund has returned 21.36% as of today's recent price of $11.22.
In the past 52 weeks, shares of DNP Select Income Fund have traded between a low of $8.52 and a high of $11.37 and are now at $11.22, which is 32% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has risen 0.2%.
DNP Select Income Fund, Inc. is a diversified, closed-end management investment company incorporated in the USA. The Fund's objective is current income and long-term growth of income. Capital appreciation is a secondary objective. The Fund invests in equity and fixed-income securities of companies in the public utilities industry.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of DNP Select Income Fund shares.Log in and add DNP Select Income Fund (DNP) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
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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