TMCnet News
PowerShares DB Agriculture Fund Trading Lower on Heavy Volume, Inline With Overall Trend (DBA)Jun 12, 2013 (SmarTrend(R) News Watch via COMTEX) -- PowerShares DB Agriculture Fund's stock is down 0.3% to $25.71 on heavy trading volume. About 1.1 million shares have been traded today, as compared to the 30-day average volume of 597,000 shares. Spikes in volume can validate a breakout or signify a potential turning point. SmarTrend recommended that its subscribers protect gains by selling shares of PowerShares DB Agriculture Fund on September 27th, 2012 by issuing a Downtrend alert when the shares were trading at $28.97. Since that call, shares of PowerShares DB Agriculture Fund have fallen 11.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time. In the past 52 weeks, PowerShares DB Agriculture Fund share prices have been bracketed by a low of $25.22 and a high of $30.87 and are now at $25.71, 2% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has remained constant. 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 |