The stock of DB X-TRACKERS DBXT HARVEST CSI300 INDEX UCITS ETF (DR) (LON:RQFI) hit a new 52-week high and has GBX 864.68 target or 5.00% above today’s GBX 823.50 share price. The 6 months bullish chart indicates low risk for the GBX company. The 1-year high was reported on Nov, 25 by Barchart.com. If the GBX 864.68 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 1.45% or GBX 11.75 on November 25, hitting GBX 823.5. About 48,866 shares traded hands. DB X-TRACKERS DBXT HARVEST CSI300 INDEX UCITS ETF (DR) (LON:RQFI) has risen 15.44% since April 15, 2016 and is uptrending. It has outperformed by 10.03% the S&P500.
Another recent and important DB X-TRACKERS DBXT HARVEST CSI300 INDEX UCITS ETF (DR) (LON:RQFI) news was published by Valuewalk.com which published an article titled: “Finding Value In China A Shares” on July 11, 2014.
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