iShares S&P Europe 350 Index Fund Crosses Above its 10-day MA (IEV)
Today, shares of iShares S&P Europe 350 Index Fund (NYSE:IEV) have crossed bullishly above their 10-day moving average of $39.50 on a volume of 278K 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, iShares S&P Europe 350 Index Fund share prices have been bracketed by a low of $34.52 and a high of $47.64 and are now at $39.64, 15% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has slid 0.3%.
SmarTrend is monitoring the recent change of momentum in iShares S&P Europe 350 Index Fund. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of iShares S&P Europe 350 Index Fund in search of a potential trend change.
Keywords: moving crosses ishares s&p europe 350 index fund