iShares China Large-Cap Breaks Above 200-Day Moving Average - Bullish for FXI
In trading on Friday, shares of the iShares China Large-Cap ETF (FXI) crossed above their 200 day moving average of $36.06, changing hands as high as $36.09 per share. iShares China Large-Cap shares are currently trading up about 2% on the day. The chart below shows the one year performance of FXI shares, versus its 200 day moving average:
Looking at the chart above, FXI's low point in its 52 week range is $31.35 per share, with $40.32 as the 52 week high point — that compares with a last trade of $35.85.
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