Claymore/MAC Global Solar Energy Index ETF Down 4.2% Since SmarTrend Downtrend Call (TAN)

Claymore/MAC Global Solar Energy Index ETF Down 4.2% Since SmarTrend Downtrend Call (TAN)

- in Markets & Policies, Solar
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SmarTrend identified a Downtrend for Claymore/MAC Global Solar Energy Index ETF (NYSE:TAN) on October 27th, 2015 at $29.64. In approximately 2 months, Claymore/MAC Global Solar Energy Index ETF has returned 4.23% as of today’s recent price of $28.38.

In the past 52 weeks, Claymore/MAC Global Solar Energy Index ETF share prices have been bracketed by a low of $25.25 and a high of $50.00 and are now at $28.34, 12% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has slid 0.8%.

Claymore/MAC Global Solar Energy Index ETF is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the price and yield of the MAC Global Solar Energy Index.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Claymore/MAC Global Solar Energy Index ETF.

Log in and add Claymore/MAC Global Solar Energy Index ETF (TAN) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com

 

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