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SPDR EURO STOXX 50 ETF Bearish Moving Average Crossover Alert (FEZ)

By Shiri Gupta

Today, shares of SPDR EURO STOXX 50 ETF (NYSE:FEZ) have crossed bearishly below their 10-day moving average of $34.01 on a volume of 635K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, SPDR EURO STOXX 50 ETF share prices have been bracketed by a low of $29.64 and a high of $40.81 and are now at $33.80, 14% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.6%.

SmarTrend is tracking the current trend status for SPDR EURO STOXX 50 ETF and will alert subscribers who have FEZ in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses spdr euro stoxx 50 etf

Ticker(s): FEZ