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PowerShares DB Silver Fund Has Returned 26.1% Since SmarTrend Recommendation (DBS)
[May 23, 2013]

PowerShares DB Silver Fund Has Returned 26.1% Since SmarTrend Recommendation (DBS)


May 23, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for PowerShares DB Silver Fund (NYSE:DBS) on February 15th, 2013 at $51.28. In approximately 3 months, PowerShares DB Silver Fund has returned 26.05% as of today's recent price of $37.92.

In the past 52 weeks, PowerShares DB Silver Fund share prices have been bracketed by a low of $36.61 and a high of $60.82 and are now at $37.92, 4% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 1.6%.

PowerShares DB Silver Fund is an exchange-traded fund incorporated in the USA. The Fund's objective is to track the Deutsche Bank Liquid Commodity Index-Optimum Yield Silver Excess Return Index, which is intended to reflect the changes in market value in silver.


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 Silver Fund.

Log in and add PowerShares DB Silver Fund (DBS) 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

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