Could ISHARES EQUAL WEIGHT BANC LIFECO ETF Go Down After Reaching 52-Week High?

 Could ISHARES EQUAL WEIGHT BANC LIFECO ETF Go Down After Reaching 52 Week High?

The stock of ISHARES EQUAL WEIGHT BANC LIFECO ETF (TSE:CEW) hit a new 52-week high and has $12.80 target or 9.00% above today’s $11.74 share price. The 6 months bullish chart indicates low risk for the $95.27M company. The 1-year high was reported on Nov, 22 by Barchart.com. If the $12.80 price target is reached, the company will be worth $8.57M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 10,917 shares traded hands. ISHARES EQUAL WEIGHT BANC LIFECO ETF (TSE:CEW) has risen 16.09% since April 18, 2016 and is uptrending. It has outperformed by 11.53% the S&P500.

More notable recent ISHARES EQUAL WEIGHT BANC LIFECO ETF (TSE:CEW) news were published by: Marketwired.com which released: “BlackRock® Canada Announces August Cash Distributions for the iShares® ETFs” on August 15, 2016, also Marketwired.com with their article: “BlackRock(R) Canada Announces September Cash Distributions for the iShares(R) ETFs” published on September 07, 2016, Marketwired.com published: “BlackRock(R) Canada Announces October Cash Distributions for the iShares(R) ETFs” on October 13, 2016. More interesting news about ISHARES EQUAL WEIGHT BANC LIFECO ETF (TSE:CEW) were released by: Marketwired.com and their article: “BlackRock(R) Canada Announces July Cash Distributions for the iShares(R) ETFs” published on April 20, 2016 as well as Marketwired.com‘s news article titled: “BlackRock(R) Canada Announces May Cash Distributions for the iShares(R) ETFs” with publication date: May 12, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment