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iShares MSCI Thailand Index Fund Crosses Above its 10-day MA (THD)

By James Quinn

Today, shares of iShares MSCI Thailand Index Fund (NYSE:THD) have advanced above their 10-day MA of $84.21 on a volume of 112K shares. Swing traders may find an opportunity 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 Thailand Index Fund have traded between a low of $61.94 and a high of $85.82 and are now at $84.46, which is 36% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.3%.

SmarTrend recommended that subscribers consider buying shares of iShares MSCI Thailand Index Fund on March 4th, 2014 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $71.07. Since that recommendation, shares of iShares MSCI Thailand Index Fund have risen 16.9%. We continue to monitor THD for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses ishares msci thailand index fund

Ticker(s): THD