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iShares MSCI Spain Index Fund Crosses Above its 10-day MA (EWP)

By Shiri Gupta

Today, shares of iShares MSCI Spain Index Fund (NYSE:EWP) have crossed bullishly above their 10-day moving average of $27.99 on a volume of 442K 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.

iShares MSCI Spain Index Fund share prices have moved between a 52-week high of $36.95 and a 52-week low of $24.06 and are now trading 17% above that low price at $28.09 per share. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 0.9%.

SmarTrend is tracking the current trend status for iShares MSCI Spain Index Fund and will alert subscribers who have EWP in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses ishares msci spain index fund

Ticker(s): EWP