iShares MSCI Switzerland Index Fund Bullish Moving Average Crossover Alert (EWL)
Today, shares of iShares MSCI Switzerland Index Fund (NYSE:EWL) have crossed bullishly above their 10-day moving average of $29.93 on a volume of 203K 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.
iShares MSCI Switzerland Index Fund share prices have moved between a 52-week high of $36.18 and a 52-week low of $27.52 and are now trading 9% above that low price at $30.13 per share. 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 monitoring the recent change of momentum in iShares MSCI Switzerland Index Fund. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of iShares MSCI Switzerland Index Fund in search of a potential trend change.
Keywords: moving crosses ishares msci switzerland index fund