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Swiss Helvetia Fund (SWZ) Breaks Through Support at $10.15

Written on Thu, 06/03/2010 - 12:33pm
By Chip Brian

SmarTrend has detected shares of Swiss Helvetia Fund (NYSE:SWZ) have bearishly opened below the pivot of $10.23 today and have reached the first level of support of $10.15.
Should the shares continue to fall, we are monitoring the next support pivots of $10.06 and $9.89. Also, the shares are currently trading below the 50-day moving average of $11.31 and below the 200-day moving average of $11.52.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to sell shares of Swiss Helvetia Fund on May 06, 2010 at $10.57. Since the call, the stock has fallen 4.1%.

Keywords: swiss helvetia fund pivot points

Ticker(s): SWZ

Contact Chip Brian



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