Uptrend Call Working As Market Vectors - Solar Energy ETF Stock Rises 20.1% (KWT)
SmarTrend identified an Uptrend for Market Vectors - Solar Energy ETF (NYSE:KWT) on December 7th, 2012 at $33.17. In approximately 4 weeks, Market Vectors - Solar Energy ETF has returned 20.14% as of today's recent price of $39.85.
In the past 52 weeks, Market Vectors - Solar Energy ETF share prices have been bracketed by a low of $27.46 and a high of $85.20 and are now at $39.85, 45% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has slid 0.8%.
Market Vectors Solar Energy ETF is an exchange-traded fund incorporated in the USA. The Fund's objective is to replicate as closely as possible the price and yield performance of the Ardour Solar Energy Index.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Market Vectors - Solar Energy ETF shares.
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Keywords: spotlights market vectors - solar energy etf