Uptrend Call Working As New Ireland Fund Stock Rises 17.1% (IRL)

Jan 07, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for New Ireland Fund (NYSE:IRL) on September 6th, 2012 at $7.95. In approximately 4 months, New Ireland Fund has returned 17.05% as of today's recent price of $9.30.

Over the past year, New Ireland Fund has traded in a range of $6.74 to $9.30 and is now at $9.30, 38% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.6%.

New Ireland Fund, Inc. is a non-diversified, closed-end management investment company incorporated in the USA. The Fund's objective is long-term capital appreciation. The Fund invests at least 65% of its total assets in equity securities of Irish companies.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of New Ireland Fund shares.Log in and add New Ireland Fund (IRL) 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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