iShares Dow Jones U.S. Health Care Providers Index Fund (IHF) 2/9/10 PriceWatch Alert Shows Bearish Technicals
Posted: Tuesday, February 09, 2010 8:44 AM EDT
By: Market Intelligence Center Staff
iShares Dow Jones U.S. Health Care Providers Index Fund (PACF: IHF) closed yesterday at $47.29. So far IHF has hit a 52-week low of $26.50 and 52-week high of $52.56. IHF has been showing support around 46.70 and resistance in the 48.20 range. Technical indicators are Bearish. IHF appears on the Investors Observer Select ETF and HOLDR list. For a hedged play on this stock, look at a May '10 46 covered call for a net debit in the $44.39 area. That is also the break even stock price for this trade. This covered call has a 102 day duration, provides 6.13% downside protection and a 3.63% assigned return rate for a 12.98% annualized return rate (comparison purposes only). [ATU-Seven Summits Research]
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