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13.7% Return Seen to Date on SmarTrend ECA Marcellus Trust Call (ECT)

Written on Fri, 11/23/2012 - 11:15am
By Nick Russo

SmarTrend identified a Downtrend for ECA Marcellus Trust (NYSE:ECT) on August 22nd, 2012 at $20.00. In approximately 3 months, ECA Marcellus Trust has returned 13.65% as of today's recent price of $17.27.

In the past 52 weeks, shares of ECA Marcellus Trust have traded between a low of $15.41 and a high of $26.94 and are now at $17.27, which is 12% 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 remained constant.

ECA Marcellus Trust I is a statutory trust. The trust owns royalty interests in horizontal shale natural gas wells in Pennsylvania.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of ECA Marcellus Trust.

Log in and add ECA Marcellus Trust (ECT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights eca marcellus trust

Ticker(s): ECT

Contact Nick Russo



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