[May 18, 2012] PowerShares DB Commodity Double Long ETN Has Returned 25.5% Since SmarTrend Recommendation (DYY) Tweet May 18, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for PowerShares DB Commodity Double Long ETN (NYSE:DYY) on March 5th, 2012 at $11.14. In approximately 2 months, PowerShares DB Commodity Double Long ETN has returned 25.49% as of today's recent price of $8.30. In the past 52 weeks, PowerShares DB Commodity Double Long ETN share prices have been bracketed by a low of $7.46 and a high of $13.79 and are now at $8.30, 11% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.1% while the 200-day MA has slid 0.6%. PowerShares DB Commodity Double Long ETN is an exchange-traded note issued in the USA by Deutsche Bank AG. The Notes will provide investors with a cash payment at the scheduled maturity or early redemption, based on the double the performance of its underlying index plus the monthly TBill index return. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of PowerShares DB Commodity Double Long ETN. Log in and add PowerShares DB Commodity Double Long ETN (DYY) 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 [email protected] --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]