iShares MSCI Mexico Investable Market Index Fund Bullish Moving Average Crossover Alert (EWW)
Today, shares of iShares MSCI Mexico Investable Market Index Fund (AMEX:EWW) have advanced above their 10-day MA of $48.63 on a volume of 559K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, shares of iShares MSCI Mexico Investable Market Index Fund have traded between a low of $43.17 and a high of $60.92 and are now at $49.09, which is 14% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.7%.
SmarTrend is tracking the current trend status for iShares MSCI Mexico Investable Market Index Fund and will alert subscribers who have EWW in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses amex:eww ishares msci mexico investable market index fund