Bullish Moving Average Cross by iShares FTSE (FXI)
iShares FTSE (NYSE:FXI) crossed over its 10-day moving average of $34.38 on a volume of 6.0 million shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
iShares FTSE share prices have moved between a 52-week high of $41.97 and a 52-week low of $31.35 and are now trading 11% above that low price at $34.92 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.6%.
SmarTrend is tracking the current trend status for iShares FTSE and will alert subscribers who have FXI in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses ishares ftse