BIK Makes Bullish Cross Above Critical Moving Average

In trading on Wednesday, shares of the SPDR S&P BRIC 40 ETF (BIK) BIK crossed above their 200 day moving average of $23.13, changing hands as high as $23.23 per share. SPDR S&P BRIC 40 shares are currently trading up about 0.8% on the day. The chart below shows the one year performance of BIK shares, versus its 200 day moving average:

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SPDR S&P BRIC 40 200 Day Moving Average Chart

Looking at the chart above, BIK's low point in its 52 week range is $20.27 per share, with $25.30 as the 52 week high point — that compares with a last trade of $23.12.

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