Bullish Moving Average Cross by iShares MSCI EAFE Index Fund (EFA)
Today, shares of iShares MSCI EAFE Index Fund (NYSE:EFA) have crossed bullishly above their 10-day moving average of $57.32 on a volume of 9.3 million 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 EAFE Index Fund share prices have moved between a 52-week high of $68.51 and a 52-week low of $50.94 and are now trading 14% above that low price at $58.24 per share. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.6%.
SmarTrend is monitoring the recent change of momentum in iShares MSCI EAFE Index Fund. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of iShares MSCI EAFE Index Fund in search of a potential trend change.
Keywords: moving crosses ishares msci eafe index fund