The stock of LYXOR INTERNATIONAL ASSET MANAGEMENT LYXOR UCITS ETF RUSSELL 1000 VALUE (LON:RUSV) hit a new 52-week high and has GBX 127.85 target or 8.00% above today’s GBX 118.38 share price. The 8 months bullish chart indicates low risk for the GBX company. The 1-year high was reported on Nov, 22 by Barchart.com. If the GBX 127.85 price target is reached, the company will be worth GBX 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. The ETF increased 1.08% or GBX 1.26 on November 22, hitting GBX 118.38. About 899 shares traded hands. LYXOR INTERNATIONAL ASSET MANAGEMENT LYXOR UCITS ETF RUSSELL 1000 VALUE (LON:RUSV) has risen 27.57% since April 12, 2016 and is uptrending. It has outperformed by 23.02% the S&P500.
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