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iShares Dow Jones US Energy Sector Index Fund (IYE) Bullish Technical Alert - Trend Up 10.7%

Posted on: Mon, 02 Nov 2009 15:21:00 EST

Symbols: IYE

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Nov 02, 2009 (SmarTrend(R) Spotlight via COMTEX) --
IYE | Quote | Chart | News | PowerRating -- iShares Dow Jones US Energy Sector Index Fund (NYSE:IYE) is trading 1.8% higher (up $0.57 to $32.99) today on volume of 436,442 shares. The stock is trading near its 52-week high of $35.48. We are watching for a close above that level.

iShares Dow Jones US Energy Sector Index Fund is currently above its 50-day moving average of $32.25 and above its 200-day moving average of $29.06.

SmarTrend is bullish on shares of IYE and our subscribers received an Uptrend alert on July 23, 2009 at $29.80, which has returned 10.7% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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For full details on iShares Dow Jones U.S. Energy Sector Index Fund (IYE) IYE. iShares Dow Jones U.S. Energy Sector Index Fund (IYE) has Short Term PowerRatings at TradingMarkets. Details on iShares Dow Jones U.S. Energy Sector Index Fund (IYE) Short Term PowerRatings is available at This Link.

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