iShares MSCI Switzerland Index Fund Bullish Moving Average Crossover Alert (EWL)
Today, shares of iShares MSCI Switzerland Index Fund (NYSE:EWL) have advanced above their 10-day MA of $30.42 on a volume of 178K 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 Switzerland Index Fund share prices have been bracketed by a low of $27.52 and a high of $36.18 and are now at $30.53, 11% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.5%.
SmarTrend is tracking the current trend status for iShares MSCI Switzerland Index Fund and will alert subscribers who have EWL in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses ishares msci switzerland index fund