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Bullish Moving Average Cross by iShares MSCI Canada Index Fund (EWC)

By Amy Schwartz

iShares MSCI Canada Index Fund (AMEX:EWC) shares have crossed bullishly above their 10-day moving average of $24.26 on a volume of 487K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

iShares MSCI Canada Index Fund share prices have moved between a 52-week high of $29.51 and a 52-week low of $18.07 and are now trading 36% above that low price at $24.51 per share. The 200-day and 50-day moving averages have moved 0.1% lower and 1.11% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in iShares MSCI Canada Index Fund. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of iShares MSCI Canada Index Fund in search of a potential trend change.

Keywords: moving crosses amex:ewc ishares msci canada index fund

Ticker(s): EWC