RMB Makes Notable Cross Below Critical Moving Average
In trading on Tuesday, shares of the Guggenheim China Yuan Bond ETF (RMB) crossed below their 200 day moving average of $25.19, changing hands as low as $25.10 per share. Guggenheim China Yuan Bond shares are currently trading trading flat on the day. The chart below shows the one year performance of RMB shares, versus its 200 day moving average:
Looking at the chart above, RMB's low point in its 52 week range is $23.16 per share, with $25.69 as the 52 week high point — that compares with a last trade of $25.42.
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