iShares MSCI EAFE Index Fund Crosses Below its 10-day MA (EFA)
iShares MSCI EAFE Index Fund (NYSE:EFA) crossed under its 10-day moving average of $57.90 on a volume of 2.5 million shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
Over the past year, iShares MSCI EAFE Index Fund has traded in a range of $50.94 to $68.51 and is now at $57.66, 13% above that low. 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