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Bullish Moving Average Cross by iShares Russell 1000 Growth Index (IWF)

By James Quinn

Today, shares of iShares Russell 1000 Growth Index (AMEX:IWF) have crossed bullishly above their 10-day moving average of $101.43 on a volume of 211K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of iShares Russell 1000 Growth Index have traded between a low of $84.40 and a high of $102.14 and are now at $101.61, which is 20% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for iShares Russell 1000 Growth Index and will alert subscribers who have IWF in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses amex:iwf ishares russell 1000 growth index

Ticker(s): IWF