Bearish Moving Average Cross by iShares MSCI ACWI Index Fund (ACWI)
Today, shares of iShares MSCI ACWI Index Fund (NASDAQ:ACWI) have fallen below their 10-day MA of $58.45 on a volume of 201K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
iShares MSCI ACWI Index Fund share prices have moved between a 52-week high of $61.32 and a 52-week low of $53.03 and are now trading 10% above that low price at $58.11 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.2%.
SmarTrend is monitoring the recent change of momentum in iShares MSCI ACWI Index Fund. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of iShares MSCI ACWI Index Fund in search of a potential trend change.
Keywords: moving crosses ishares msci acwi index fund