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Royce Value Trust: The Trend Continues Up (RVT)

By Chip Brian

SmarTrend identified an Uptrend for Royce Value Trust (NYSE:RVT) on December 23, 2009 at $10.72. In approximately 3 months, Royce Value Trust has returned 9.4% as of today's recent price of $11.73.
Royce Value Trust is currently above its 50-day moving average of $10.74 and above its 200-day moving average of $9.82. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Royce Value Trust shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): RVT