DJ US Pharmaceutical ETF - IHE

This morning I used Barchart to screen the ETF's for the ones hitting the most frequent new highs and the DJ US Pharmaceutical ETF (IHE) was right near the top of the list:

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 7.27% in the last month
• Relative strength Index 62.54%
• Barchart computes a technical support level at 75.15
• Recently traded at 76.14 with a 50 day moving average of 71.92