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23.5% Return Seen to Date on SmarTrend Claymore/Beacon Global Timber Index ETF Call (CUT)

Written on Wed, 12/19/2012 - 6:42pm
By Nick Russo

SmarTrend identified an Uptrend for Claymore/Beacon Global Timber Index ETF (NYSE:CUT) on June 29th, 2012 at $16.65. In approximately 6 months, Claymore/Beacon Global Timber Index ETF has returned 23.48% as of today's recent price of $20.56.

Over the past year, Claymore/Beacon Global Timber Index ETF has traded in a range of $15.16 to $20.70 and is now at $20.56, 36% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has remained constant.

Claymore/Beacon Global Timber Index ETF is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the performance of the Beacon Global Timber Index, which is comprised of global timber companies.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Claymore/Beacon Global Timber Index ETF shares.

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

Keywords: spotlights claymore/beacon global timber index etf

Ticker(s): CUT

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