Bearish Moving Average Cross by SPDR EURO STOXX 50 ETF (FEZ)
Today, shares of SPDR EURO STOXX 50 ETF (NYSE:FEZ) have fallen below their 10-day MA of $31.97 on a volume of 195K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
In the past 52 weeks, shares of SPDR EURO STOXX 50 ETF have traded between a low of $28.60 and a high of $40.81 and are now at $31.83, which is 11% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has slid 0.3%.
SmarTrend is tracking the current trend status for SPDR EURO STOXX 50 ETF and will alert subscribers who have FEZ in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses spdr euro stoxx 50 etf