• Return to Headlines

Claymore/MAC Global Solar Energy Index ETF Crosses Below its 10-day MA (TAN)

By Nick Russo

Today, shares of Claymore/MAC Global Solar Energy Index ETF (NYSE:TAN) have fallen below their 10-day MA of $39.92 on a volume of 113K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Claymore/MAC Global Solar Energy Index ETF share prices have moved between a 52-week high of $42.99 and a 52-week low of $15.00 and are now trading 165% above that low price at $39.80 per share. Over the past week, the 200-day moving average (MA) has gone up 1.4% while the 50-day MA has declined 0.3%.

SmarTrend is monitoring the recent change of momentum in Claymore/MAC Global Solar Energy Index ETF. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Claymore/MAC Global Solar Energy Index ETF in search of a potential trend change.

Keywords: moving crosses claymore/mac global solar energy index etf

Ticker(s): TAN