iShares MSCI Malaysia Index Fund is currently trading at $14.63, approximately 4.2% above its 50-day moving average of $14.03. SmarTrend will be monitoring shares of EWM to see if this bullish momentum will continue.
In the last five trading sessions, the 50-day MA has climbed 0.24% while the 200-day MA has risen 0.37%.
In the past 52 weeks, shares of iShares MSCI Malaysia Index Fund have traded between a low of $10.18 and a high of $14.59 and are now at $14.63, which is 44% above that low price.
SmarTrend currently has shares of iShares MSCI Malaysia Index Fund in an Uptrend and issued the Uptrend alert on June 21, 2010 at $11.96. The stock has risen 21.6% since the Uptrend alert was issued.
Write to Chip Brian at cbrian@tradethetrend.com
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Copyright, Comtex News Network, Inc. 2011**********************************************************************
As of Friday, 12-31-2010 23:59, the latest Comtex SmarTrendA? Alert,
an automated pattern recognition system, indicated an UPTREND on
06-21-2010 for EWM @ $11.97.
For more information on SmarTrend, contact your market data
provider or go to www.mysmartrend.com
SmarTrend is a registered trademark of Comtex News Network, Inc.
Copyright A? 2004-2011 Comtex News Network, Inc. All rights reserved.
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