• Return to Headlines

PowerShares S&P 500 Low Volatility Falling Today on Above-Average Volume (SPLV)

By Shiri Gupta

The price of PowerShares S&P 500 Low Volatility shares has slipped to $45.67 (a 0.0% change) on heavy trading volume. Today's volume of 2.5 million shares tops the average 30-day volume of 2.4 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that subscribers consider buying shares of PowerShares S&P 500 Low Volatility on December 12th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $41.53. Since that recommendation, shares of PowerShares S&P 500 Low Volatility have risen 10.0%. We continue to monitor SPLV for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

PowerShares S&P 500 Low Volatility share prices have moved between a 52-week high of $45.68 and a 52-week low of $20.00 and are now trading 128% above that low price at $45.67 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has remained constant.

Keywords: unusual volume powershares s&p 500 low volatility

Ticker(s): SPLV