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Shares of EGF Down 20.4% Since Downtrend Call on Shares

By James Quinn

SmarTrend identified a Downtrend for BlackRock Enhanced Government Fund Inc (NYSE:EGF) on March 10th, 2010 at $16.40. In approximately 120 months, BlackRock Enhanced Government Fund Inc has returned 20.37% as of today's recent price of $13.06.

In the past 52 weeks, BlackRock Enhanced Government Fund Inc share prices have been bracketed by a low of $12.79 and a high of $13.45 and are now at $13.06, 2% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of BlackRock Enhanced Government Fund Inc.

Log in and add BlackRock Enhanced Government Fund Inc (EGF) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights blackrock enhanced government fund inc

Ticker(s): EGF