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DIAMONDS Trust Series I Bullish Moving Average Crossover Alert (DIA)

By Amy Schwartz

Today, shares of DIAMONDS Trust Series I (AMEX:DIA) have crossed bullishly above their 10-day moving average of $184.58 on a volume of 1.1 million 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 DIAMONDS Trust Series I have traded between a low of $150.56 and a high of $186.88 and are now at $185.12, which is 23% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.6%.

SmarTrend is tracking the current trend status for DIAMONDS Trust Series I and will alert subscribers who have DIA in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses amex:dia diamonds trust series i

Ticker(s): DIA