Bullish Moving Average Cross by iShares MSCI Pacific ex-Japan Index Fund (EPP)
iShares MSCI Pacific ex-Japan Index Fund (AMEX:EPP) crossed over its 10-day moving average of $41.39 on a volume of 133K 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.
In the past 52 weeks, iShares MSCI Pacific ex-Japan Index Fund share prices have been bracketed by a low of $32.77 and a high of $47.95 and are now at $41.80, 28% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.8%.
SmarTrend is tracking the current trend status for iShares MSCI Pacific ex-Japan Index Fund and will alert subscribers who have EPP in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses amex:epp ishares msci pacific ex-japan index fund