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Uptrend Call Working As New Ireland Fund Stock Rises 17.1% (IRL)

Written on Mon, 01/07/2013 - 6:45pm
By Shiri Gupta

SmarTrend identified an Uptrend for New Ireland Fund (NYSE:IRL) on September 6th, 2012 at $7.95. In approximately 4 months, New Ireland Fund has returned 17.05% as of today's recent price of $9.30.

Over the past year, New Ireland Fund has traded in a range of $6.74 to $9.30 and is now at $9.30, 38% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.6%.

New Ireland Fund, Inc. is a non-diversified, closed-end management investment company incorporated in the USA. The Fund's objective is long-term capital appreciation. The Fund invests at least 65% of its total assets in equity securities of Irish companies.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of New Ireland Fund shares.

Log in and add New Ireland Fund (IRL) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights new ireland fund

Ticker(s): IRL

Contact Shiri Gupta



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