TMCnet News
20.8% Return Seen to Date on SmarTrend PowerShares DB Precious Metals Fund Call (DBP)May 24, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for PowerShares DB Precious Metals Fund (NYSE:DBP) on December 18th, 2012 at $57.88. In approximately 5 months, PowerShares DB Precious Metals Fund has returned 20.77% as of today's recent price of $45.86. Over the past year, PowerShares DB Precious Metals Fund has traded in a range of $44.49 to $62.42 and is now at $45.86, 3% above that low. The 200-day and 50-day moving averages have moved 0.31% lower and 1.3% lower over the past week, respectively. PowerShares DB Precious Metals 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 Precious Metals Excess Return Index, which is intended to reflect the precious metals sector. 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 Precious Metals Fund. Log in and add PowerShares DB Precious Metals Fund (DBP) 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 |
