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TMCNet:  iShares MSCI Australia Index Up 14.2% Since SmarTrend Uptrend Call (EWA)

[January 15, 2013]

iShares MSCI Australia Index Up 14.2% Since SmarTrend Uptrend Call (EWA)

Jan 15, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for iShares MSCI Australia Index (AMEX:EWA) on June 19th, 2012 at $22.34. In approximately 7 months, iShares MSCI Australia Index has returned 14.19% as of today's recent price of $25.51.
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iShares MSCI Australia Index share prices have moved between a 52-week high of $25.87 and a 52-week low of $20.35 and are now trading 25% above that low price at $25.51 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

iShares MSCI Australia Index Fund is an exchange-traded fund incorporated in the USA. The Fund's objective is to provide investment results that correspond generally to the performance of publicly traded securities in the Australian market, as measured by the MSCI Australia Index. The Fund invests in a representative sample of index stocks using a "portfolio sampling" technique.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of iShares MSCI Australia Index shares.Log in and add iShares MSCI Australia Index (EWA) 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 --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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