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Possible Trend Reversal, iShares Russell 2000 Value Index Fund Down on Heavy Volume (IWN)

By Shiri Gupta

iShares Russell 2000 Value Index Fund's stock is down 0.8% to $101.45 on heavy trading volume. Today's volume of 1.5 million shares tops the average 30-day volume of 758,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend is tracking the current trend status for iShares Russell 2000 Value Index Fund and will alert subscribers who have IWN in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of iShares Russell 2000 Value Index Fund have traded between a low of $86.57 and a high of $105.12 and are now at $101.26, which is 17% above that low price. The 200-day and 50-day moving averages have moved 0.11% higher and 0.13% higher over the past week, respectively.

Keywords: unusual volume amex:iwn ishares russell 2000 value index fund

Ticker(s): IWN