iShares MSCI Brazil Breaks Above 200-Day Moving Average – Bullish for EWZ

In trading on Thursday, shares of the iShares MSCI Brazil ETF (Symbol: EWZ) crossed above their 200 day moving average of $34.95, changing hands as high as $35.07 per share. iShares MSCI Brazil shares are currently trading up about 1.8% on the day. The chart below shows the one year performance of EWZ shares, versus its 200 day moving average:

Looking at the chart above, EWZ’s low point in its 52 week range is $26.30 per share, with $42.02 as the 52 week high point — that compares with a last trade of $35.01.

Click here to find out which 9 other ETFs recently crossed above their 200 day moving average »

Further EWZ Research:

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