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22.7% Return Seen to Date on SmarTrend Claymore/MAC Global Solar Energy Index ETF Call (TAN)

Written on Wed, 11/21/2012 - 11:37am
By Amy Schwartz

SmarTrend identified a Downtrend for Claymore/MAC Global Solar Energy Index ETF (NYSE:TAN) on September 4th, 2012 at $16.33. In approximately 3 months, Claymore/MAC Global Solar Energy Index ETF has returned 22.72% as of today's recent price of $12.62.

Over the past year, Claymore/MAC Global Solar Energy Index ETF has traded in a range of $12.60 to $38.70 and is now at $12.62, 0% above that low. The 200-day and 50-day moving averages have moved 1.11% lower and 1.1% lower over the past week, respectively.

Claymore/MAC Global Solar Energy Index ETF is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the price and yield of the MAC Global Solar Energy Index.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Claymore/MAC Global Solar Energy Index ETF.

Log in and add Claymore/MAC Global Solar Energy Index ETF (TAN) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights claymore/mac global solar energy index etf

Ticker(s): TAN

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