SmarTrend identified an Uptrend for iShares S&P SmallCap 600 Value Index Fund IJS on February 17, 2010 at $58.30. In approximately 2 weeks, iShares S&P SmallCap 600 Value Index Fund has returned 5.7% as of today's recent price of $61.65.
iShares S&P SmallCap 600 Value Index Fund is currently above its 50-day moving average of $58.63 and above its 200-day moving average of $54.11. 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 iShares S&P SmallCap 600 Value Index Fund shares.
Write to Chip Brian at cbrian@tradethetrend.com
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