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 $62.60 on a volume of 208K shares. This may provide short-term investors a chance 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 $63.08 and a 52-week low of $54.55 and are now trading 14% above that low price at $62.08 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.6%.
SmarTrend is tracking the current trend status for iShares MSCI ACWI Index Fund and will alert subscribers who have ACWI in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses ishares msci acwi index fund