iShares FTSE Bullish Moving Average Crossover Alert (FXI)
iShares FTSE (NYSE:FXI) crossed over its 10-day moving average of $37.80 on a volume of 2.5 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, iShares FTSE share prices have been bracketed by a low of $31.35 and a high of $41.97 and are now at $37.99, 21% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.7%.
SmarTrend is monitoring the recent change of momentum in iShares FTSE. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of iShares FTSE in search of a potential trend change.
Keywords: moving crosses ishares ftse