Shares of PowerShares DB US Dollar Index Bullish Fund Exhibit Possible Trend Reversal as it Trades Higher (UUP)
PowerShares DB US Dollar Index Bullish Fund's stock is up 0.3% to $24.94 on heavy trading volume. Today's volume of 1.8 million shares tops the average 30-day volume of 1.5 million shares. Unusually high volume can signify a potential turning point or validate a breakout.
SmarTrend is tracking the current trend status for PowerShares DB US Dollar Index Bullish Fund and will alert subscribers who have UUP in their portfolio or watchlist when shares have changed trend direction.
In the past 52 weeks, shares of PowerShares DB US Dollar Index Bullish Fund have traded between a low of $23.96 and a high of $26.14 and are now at $24.92, which is 4% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.3%.
Keywords: unusual volume powershares db us dollar index bullish fund